Gilts rise as demand for safer assets increase amid U.S. stimulus

U.K. Gilts advanced on Tuesday pushing the benchmark 10-year government yields towards the weakest level since August as demand for less riskier assets increased amid less U.S. payrolls added in September rising concerns of continued stimulus. The 10-year U.K. bond dropped 11 basis points to 2.63% as of 4:37 p.m. London time, the least since August 27.