U.K. 10-Year Gilts Decline With Yield Increasing to 2.45 Percent

U.K. 10-year gilts declined for the first time in three days, with the yield rising two basis points, or 0.02 percentage point, to 2.45 percent at 8:36 a.m. London time.

The pound advanced against the dollar, trading 0.4 percent higher at $1.5918. Sterling was little changed at 83.43 pence per euro.

To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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