UK 10-Year Gilt Yield Falls to Six-Week Low as Oil Drops
The 10-year gilt yield fell to its lowest in six weeks and the 30-year yield to its lowest in nearly three months. Brent crude dropped 6.6% to $105.93 a barrel.
Yields on U.K. government bonds extend earlier falls, taking the 10-year yield to its lowest in six weeks and the 30-year yield to its lowest in nearly three months, as falling oil prices ease inflation fears and diminish rate-hike prospects. The price of Brent crude drops 6.6% to $105.93 a barrel…