Two-Year Gilt Yields Hit Highest Since 2023 After Trump Iran Remarks
UK two-year gilt yields climbed to their highest level since 2023 amid concerns that Middle East tensions could escalate after President Trump said the U.S. does not need a deal with Iran.
Yields on two-year U.K. government bonds, or gilts, climb to their highest level since 2023 due to concerns about potential escalation in the Middle East conflict after President Trump said "we don't need a deal with Iran." Markets worry that renewed tensions between the U.S. and Iran could drive e…