Gilt Yields Fall, Tracking Treasurys; U.S. PCE Inflation Data Awaited — Market Talk
Yields on U.K. government bonds, or gilts, fall, tracking moves in U.S. Treasurys after New York Fed President John Williams on Tuesday said he sees no need to rush to increase interest rates. Focus now turns to U.S. personal consumption expenditure price index data--the Federal Reserve's favored i…