U.K. bonds dropped after purchasing PMI of services

Source: Bloomberg

U.K. government securities dropped the third day after the rise of purchasing managers index, bolstering the view of power in U.K. economy and trimming demand for haven assets. The 2.25 percent bond with maturity till September 2023 declined 0.21 to 95.78, but the 10-year gilt yield rose three points and now it is on the level of 2.74%.

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