Oil Prices, U.S. Treasury Yields Likely to Dominate Gilt Market

Dow Jones
Yesterday

1150 GMT - Oil price movements and U.S. Treasury yields are likely to be the main drivers of U.K. government-bond yields in the near term, ING economists say in a note. "For every $10 increase in oil prices, gilt yields rise by some 10 basis points to 15 bps," they say. The gilt market could stay highly volatile due to these external factors, they say. Ten-year gilt yields fall 2.5 basis points to last trade at 5.346%, after hitting a 19-year high of 5.381% on Thursday, LSEG data show.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10