U.K. Government Bonds Drop on Speculation Central Banks Will Raise Rates

(Bloomberg) -- Gilts fell for a second day on
speculation global interest rates will rise further as central
banks attempt to check inflation.

The yield on the benchmark 10-year gilt rose 3 basis points
to 5.48 percent by 8:17 a.m. in London, after climbing 6 basis
points yesterday.


Read more at Bloomberg Bonds News