UK Gilt Yields Rise, Approach Multiyear Highs
Yields on U.K. government bonds are increasing, with 10-year and 30-year yields reaching their highest in six days and moving closer to recent multiyear peaks. This rise occurs amid rising oil prices, expectations of central bank rate hikes, and ongoing concerns over French budgets.
K. government bonds rose, with 10-year and 30-year yields reaching their highest levels in six days and moving closer to recent multiyear highs. The move came as oil prices increased, investors expected major central banks to raise interest rates, and continuing French budget concerns caused F…