Loading…
UK two-year gilt yields fell about 24 to 27 basis points after inflation came in below expectations, as markets trimmed expectations for the Bank of England's peak rate to 5.75% from 6%. The 10-year gilt yield dropped 18 basis points to 4.152%.
Lower gilt yields reflect easing rate expectations in the UK, with no direct effect on feed commodity supply, demand or prices.
cnbc.comJenni ReidJul 19, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
