U.K. 10-Year Yields Drop to Record Low Before Brexit Vote: Chart

U.K. 10-Year Gilt Yield Drops to Record Low

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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.