News Formal

UK linker yields edge down as BoE moves to shore up market

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Yields on British inflation-linked bonds mostly fell on Tuesday after the Bank of England expanded its emergency support to include the linker market, although the drop represented only a small dent in Monday's heavy sell-off.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500 Extends Slide as Traders Eye Economic Data, Bank EarningsS&P 500 sinks by 1% as traders brace for CPI on Thursday. Fedspeak remains hawkish as FOMC looks to talk down market. Bank earnings to set the tone for Q3 earnings season.
Source: DailyFX - 🏆 305. / 63 Read more »