UK Gilt Yields Fall as Brent Drops 1.6% to $96.8
UK government bond yields declined as lower oil prices eased inflation fears. Brent crude fell 1.6% to $96.8 a barrel amid negotiations around the U.S.-Iran conflict.
Yields on U.K. government bonds, or gilts, decline as lower oil prices ease inflation fears. Brent crude falls 1.6% to $96.8 a barrel as ongoing negotiations around the U.S.-Iran conflict raise prospects of an end to the war. The drop in oil prices is helping government bond yields to fall.
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