UK bonds head for biggest rally this week on ECB's QE

Source: Bloomberg
© Scanpix/RS
Government bonds in the UK set for their weekly gain, with 10 yields falling the most within this year, since the ECB's plan to start 1.1 trillion-euro bond purchasing programme pulled down rates in Europe. UK 10-year bonds dropped on Friday, enhancing the yield by 0.04%, or 4 bps, to 1.78% at 9:42 a.m. in London.
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