Tag
gilts
2 articles
FTSE 100 Falls on Gilt Yields, Oil Push Near $100
UK blue-chip index closed 11 points lower as 30-year gilt yields topped 6 percent and Middle East tensions drove oil higher.
London Banks Capitalize on Gilt Carry as BOE Financing Stays Cheap
UK lenders are borrowing at minimal rates from the Bank of England and reinvesting in higher-yielding gilts, capturing spreads as the market prices in future rate increases.