Reported about 5 hours ago
The UK government achieved a historic £13 billion ($16 billion) bond sale, attracting unprecedented investor demand as they sought to secure yields near multi-decade highs. The sale drew over £140 billion in orders, breaking previous records and reflecting an optimistic sentiment despite earlier fiscal concerns. Analysts note that this successful syndication signals a shift in the bond market outlook, with expectations for reduced future gilt supply.
Source: YAHOO