U.S. Yield at 16-Year High Versus U.K. Before Jobs, Brexit Vote

  • Economy added 160,000 jobs in May, same as April, survey shows
  • Treasuries return 3.2% this year, versus 6.8% for U.K. gilts

Was U.K. Economy Slowing Before Brexit Jitters Set in?

The extra yield Treasuries pay over U.K. gilts is surging before a U.S. payrolls report Friday, while investors seek safety in British government bonds as the nation prepares to vote on leaving the European Union.

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