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UK gilt yields drop to fresh record lows

UK gilt yields drop to fresh record lows
FILE PHOTO: Traders looks at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson   -   Copyright  SIMON DAWSON(Reuters)
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LONDON (Reuters) – Gilt yields fell to fresh record lows on Wednesday, as British government debt continued to benefit from investors’ appetite for safe assets.

Ten-year yields <GB10YT=RR> edged past a previous low of 0.491% set on Monday to hit 0.489% at 0702 GMT, down 2 basis points on the day, while 30-year yields <GB30YT=RR> dropped to a record low of 1.168%.

(Reporting by David Milliken; Editing by Alison Williams)

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