U.K. bonds rise on mortgage approval data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Yield on 10-year British government bonds dropped for a third consecutive day after mortgage approvals fell short of expectations as lenders granted 57,667 loans, while experts predicted 59,700. The yield decreased 2 basis points to 2.32% so far today. The gilts lost 2.9% of its value in 2013 through July 26. The Pound appreciated 0.1% to $1.5404, while it traded at 86.25 pence per Euro.
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