Tue, 06 Nov 2012 16:39:21 GMT
U.K. Yields Drop on Manufacturing Grew Less than Forecast
Ten-year gilt yields fell to 1.80%, reaching five-week low, as a report showed U.K. manufacturing grew in September less than expected. U.K. benchmark gilts outpaced German bunds as the Bank of England officials meet tomorrow to take a decision, whether to increase fiscal policy through quantitative easing. Benchmark yields are forecast to reach 2.0% by the end of the year