U.K. bonds jump for fifth day ahead of construction report; Pound falls

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Source: Bloomberg
© Scanpix\Reuters
U.K. 10-year government gilts climbed for the fifth day, the longest duration of decline since March, ahead of the data today that economists expect to indicate U.K. construction production declined in May. The benchmark 10-year U.K. bond yield dropped five basis points to 2.33% and the 1.75% note expiring in September 2022 jumped 0.37 to 95.22.
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Fri, 12 Jul 2013 12:00:05 GMT

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