Two-Year Gilt Yields Fall as Markets Cut BOE Rate-Rise Bets
U.K. two-year gilt yields hit their lowest since October 2 as investors reduced expectations for Bank of England rate rises in coming months. Lower oil prices and concerns about a possible AI-industry slowdown weighed on sentiment.
Yields on U.K. two-year government bonds hit their lowest since October 2, as investors cut back expectations of Bank of England interest-rate rises over the coming months. A drop in oil prices and fears about a possible slowdown in the AI industry are weighing on sentiment, causing investors to re…