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UK Gilts Rally on Slower Inflation, Reducing Rate-Hike Bets

UK government bonds, known as gilts, saw a significant rally following data indicating slower inflation. This development led traders to reduce their wagers on further interest rate hikes by the Bank of England.

20 May, 08:46 — 20 May, 08:46
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bloombergHigh4d ago

Gilts Jump on Slower Inflation as Traders Pare Rate-Hike Wagers - Bloomberg.com

Gilts Jump on Slower Inflation as Traders Pare Rate-Hike Wagers  Bloomberg.com

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