July 2036 Gilt Looks Cheap, Auction Likely to Attract Demand — Market Talk

July 2036 gilts trade at a cheap valuation, making them attractive ahead of an auction of these bonds at 0900 GMT, RBC Capital Markets strategists say in a note. The bond's favorable pricing is likely to support demand, they say. July 2036 gilt yields fall 3.9 basis points to last trade at 5.391…