Ten-year gilt yields soared to 4.92% on Jan. 9, the highest since 2008, as investors showed their concerns over the UK’s high debt levels and the stubborn inflation accompanying a faltering economy.
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Fidelity’s Riddell Likes UK Debt in Bet on Deeper BOE Rate Cuts Picked up two-year gilt swaps earlier this month, Riddell says Short pound position hedges against major gilt selloff risk ...
(Bloomberg) -- The selloff in UK markets at the start of January has created value in government bonds, especially with investors underpricing the interest-rate cuts needed to support the economy, ...