Gilt Yields Fall as Demand Improves -- Market Talk

0737 GMT - Yields on U.K. government bonds, or gilts, decline, undoing Thursday's sharp increase as demand rises. Elevated yields are attracting investors back into the market, boosting the bonds' performance. In addition, investors are seeking safer assets such as U.S., German and U.K. government bonds as they reduce their exposure to French bonds due to political and fiscal concerns in the country. Markets await U.S. non-farm payrolls data due at 1230 GMT to gain clues on the potential path of future interest-rate rises by the U.S. Federal Reserve. Ten-year gilt yields drop 5.9 basis points to last trade at 5.365%, after hitting 5.510% on Thursday, the highest level since 2007, LSEG data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

October 02, 2026 03:37 ET (07:37 GMT)