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News 2026-10-02 13:14 UTC

Two-Year Gilt Yields Fall to 3-Week Low on Weak US Jobs Data

Two-year U.K. government bond yields declined to their lowest point in three weeks following weaker-than-expected U.S. non-farm payrolls data. The report, showing only 29,000 job additions in September, down from an anticipated 84,000, has reduced expectations of further interest rate hikes by the U.S. Federal Reserve