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UK gilts fall as investors remain side-lined amid muted trading session
The United Kingdom’s gilts fell during European trading hours Friday as investors remained side-lined amid a muted trading session that witnessed data of little economic significance.
The yield on the benchmark 10-year gilts, rose 1 basis point to 0.722 percent, the 30-year yield slipped jumped 2 basis points to 1.257 percent and the yield on the short-term 2-year traded nearly flat at 0.532 percent by 11:15GMT.
Meanwhile, the FTSE 100 slipped -0.63 percent to trade at 7,247.34 by 11:20GMT.
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