UK 30-Year Gilt Yields Hit Four-Month Low as Oil Falls
Thirty-year gilt yields fell to their lowest level since July and last traded at 5.558%. The report links easing inflation fears and reduced expectations for sharp Bank of England rate rises to declining oil prices.
Yields on 30-year U.K. government bond fall to the lowest level since July as oil prices extend declines. Lower oil prices are easing inflation fears and reducing the prospects of the Bank of England raising interest rates sharply. Thirty-year gilt yields last trade at 5.558%, having hit a four-mon…