FX/BondsAugust 18 at 05:04 AM

The UK sells GBP 4bln 4.875% 2036 Gilt: b/c 3.65x (prev. 3.13x), average yield 5.155% (prev. 5.040%), tail 0.1bps (prev. 0.1bps)

StockNow breaking-news AI analysis

Strong demand for the GBP 4bn UK 2036 Gilt auction pushed the bid-to-cover ratio to 3.65x, even as yields rose to 5.155% amid cooling UK labor data and global bond volatility.

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