For most index-linked gilts, especially longer-dated ones, yields fell between 3 and 10 basis points in early trade, compared with increases of more than 70 basis points for many linkers on Monday.
the BoE said it would buyInvestors will be watching closely to see how the Debt Management Office's auction of 0.125% 2051 index-linked gilts , worth 900 million pounds, proceeds later on Tuesday. The results are due shortly after 0900 GMT.Reporting by Andy Bruce Editing by William Schomberg
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