UK gilts rallied sharply on Tuesday as traders seized on comments from a senior Bank of England policymaker suggesting it may be willing to consider interest rate cuts in the middle of next year.
The yield on the interest rate-sensitive two-year gilt fell to 4.59 per cent, its lowest level since June, after comments from Huw Pill, the BoE’s chief economist, late on Monday. It was recently trading at 4.64 per cent, down 0.08 percentage points on the day. Yields move inversely to prices.
您已閱讀17%（639字），剩余83%（3098字）包含更多重要信息，訂閱以繼續(xù)探索完整內容，并享受更多專屬服務。