Top News Rom - Top News Comments Photos Videos
Read more :
Gilt yields drop to two-month low on UK recession fears
LONDON (Reuters) – British government bonds rallied on Friday, pushing yields to a two-month low, after new signs of economic weakness raised speculation that the Bank of England will opt next week to pump more cash into the economy. Despite the fact that ratings agency Moody’s stripped Britain of its triple-A credit rating late last Friday, gilt yields have dropped by almost 25 basis points this week – the biggest one-week fall since November 2011
View article:
Gilt yields drop to two-month low on UK recession fears
No comments:
Post a Comment