Yield on 10-year Government bonds rises 9 basis points
Wednesday 20th January 2010
The yield on 10-year Government bonds yesterday rose by nine basis points to 4.024% following publication of figures which saw UK inflation record its largest ever increase between two months.
The inflation data means that many believe the Bank Of England's Monetary Policy Committee will soon stop buying bonds as it tightens policy, driving prices up.
Have your say on this story using the comment section below
blog comments powered by Disqus
(0) Comments | Report Abuse
Editorial Contact Details - Conor Shilling