FX/BondsIMPORTANTJuly 21 at 05:03 AM

The UK sells GBP 5bln 4.00% 2029 Gilt: b/c 3.42x (prev. 3.35x), average yield 4.463% (prev. 4.238%), tail 0.3bps (prev. 0.2bps)

StockNow breaking-news AI analysis

The UK 2029 Gilt auction saw strong demand (3.42x) despite a yield increase to 4.463%, driven by political leadership transitions and concerns over fiscal rule flexibility under a new Chancellor.

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