Business & Finance
Gilt Returns Climb to Three-Month High After Oil-Fueled Recovery
Key Points
Gilt Returns Climb to Three-Month High After Oil-Fueled Recovery Returns on UK government bonds are the highest in three months as tumbling oil prices offset investor concerns about unpredictable politics. Gilts have risen every day this week as Brent crude erased its wartime jump, easing inflationary pressures and reducing the possibility of interest-rate hikes from the Bank of England. A Bloomberg index tracking gilt returns for the year so far is back to its highest level since the early...
Gilt Returns Climb to Three-Month High After Oil-Fueled Recovery
Returns on UK government bonds are the highest in three months as tumbling oil prices offset investor concerns about unpredictable politics.
Gilts have risen every day this week as Brent crude erased its wartime jump, easing inflationary pressures and reducing the possibility of interest-rate hikes from the Bank of England. A Bloomberg index tracking gilt returns for the year so far is back to its highest level since the early days of the US-Iran war.