UK Gilt Yields Fall After Fed Holds Rates
UK government bond yields declined alongside U.S. yields after the Federal Reserve kept rates unchanged at Wednesday’s policy meeting. Investors awaited the European Central Bank’s decision, due at 1315 GMT, with rates widely expected to remain unchanged.
Yields on U.K. government bonds, or gilts, decline along with their U.S. equivalents, after the U.S. Federal Reserve kept interest rates on hold at Wednesday's policy meeting.
Investors await the European Central Bank rate decision due at 1315 GMT when rates are widely expected to remain unchanged…