Gilt Yields Steady; BOE Speeches, U.K. Inflation Data Awaited -- Market Talk

Dow Jones11-18

0855 GMT - Gilt yields are little changed in the absence of key data releases in the U.K. on Monday. Focus will be on speeches by Bank of England officials David Bailey and Megan Greene at 0900 GMT and 1830 GMT respectively. Investors also await U.K. inflation data due on Wednesday. A bounce in U.K. headline inflation is likely to renew concerns about domestically generated inflation, Citi analysts say in a note. The 10-year gilt yield is steady at 4.477%, Tradeweb data show. The 2-year gilt yield climbs 1 basis point to 4.412%. (miriam.mukuru@wsj.com)

 

(END) Dow Jones Newswires

November 18, 2024 03:55 ET (08:55 GMT)

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