Gilt yields pass 1% for first time since Brexit vote as sterling slump continues

clock • 2 min read

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 ...

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