Benchmark 10-year gilt yields passed 1% yesterday for the first time since June's referendum, as overseas investors continued to shed sterling assets over fears of a 'hard' Brexit.
The yield on the 10-year note rose 0.06 percentage points to 1.02%, up from 0.73% last Monday, according to Tradeweb, the fifth session in a row that prices have fallen on the instruments. Gilt ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders