U.K. bond yields climb to highest level in three months ahead of auction

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
U.K. Government gilts dropped for the fourth day, sending 10-year yields to a three-month high, ahead of the sale of the new benchmark notes at an auction. The DMO is determined to sell 3.75 billion pounds of 2.25% securities due in September 2023, ahead of auctioning 2.25 billion pounds worth of bonds maturing in June 2023 on June 13.

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