UK Bond Yields Drop Sharply as Oil Prices Fall
UK bond yields fell sharply as hopes for progress between the United States and Iran lowered oil prices.
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04:36:15 PM UTC
SquawkNews
British 10-year bond yields were on track for the biggest daily drop in nearly six months after oil prices fell more than $7 a barrel as contacts between Iran and the US to end their eight-month-old war continued via Qatari mediators.The yields on 10-year bonds (GB10YT=RR) fell as low as 5.192…