Two-Year Gilt Yields Fall to 3-Week Low on Weak US Jobs Data

Two-year U.K. government bond yields declined to their lowest point in three weeks following weaker-than-expected U.S. non-farm payrolls data. The report, showing only 29,000 job additions in September, down from an anticipated 84,000, has reduced expectations of further interest rate hikes by the U.S. Federal Reserve in October.