U.K. 10-Year Bonds Halt Two-Day Advance Before Gilt Auctions

  • Ten-year gilts underperform German bunds, Treasuries Monday
  • DMO to sell more than 5 billion pounds of bonds this week

U.K. government bonds halted a two-day advance before traders face sales of 5.25 billion pounds ($7.5 billion) of coupon-bearing debt this week, the first gilt auctions of the 2016-2017 financial year.

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