U.K. Gilt Yields Hit Multidecade Highs as BOE Officials Signal Inflation Concerns
By Miriam MukuruYields on U.K. government bonds, or gilts, climbed to new multidecade highs on Thursday after Bank of England officials indicated concerns about the U.K. inflation outlook, increasing prospects of an interest-rate increase next month.Ten-year gilt yields advanced to 5.527%, its high…