Gilts Erase Drop, Leaving 10-Year Yield Little Changed at 1.66%

U.K. government bonds erased a decline, leaving 10-year yields little changed at 1.66 percent at 1:56 p.m. London time. The yield earlier rose four basis points to 1.70 percent.

Two-year note yields were also little changed, at 0.22 percent.

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