U.K. 10-Year Yields Drop to Record Low Before Brexit Vote: ChartBy
U.K. governments bonds, which have been climbing before the nation votes on its European Union membership on June 23, extended their advance Thursday, with the yield on 10-year securities dropping to a record low. The yield touched 1.22 percent, the lowest since Bloomberg started tracking the data in 1989, and could fall further to 1 percent in the event that the U.K. votes to leave the world’s biggest single market, according to Daniela Russell, a portfolio construction associate at Legal & General Group Plc in London.
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