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

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Source: Bloomberg
© Scanpix/RS
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.

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Wed, 23 Oct 2013 09:00:20 GMT

Pound is little changed as budget deficit narrows and GDP rises

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Wed, 23 Oct 2013 08:38:03 GMT

Gold trades near 3-week high amid continued stimulus

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