UK Gilt Yields Rise Driven by Oil Prices, Not Domestic Risks, UBS Says

UBS1.84%
According to UBS Global Research on July 15, UK government bond yields have risen primarily due to rising oil prices rather than domestic factors. The bank noted that the yield spread between UK gilts and U.S. Treasuries and German bonds remains manageable, suggesting geopolitical concerns are the main driver of higher UK gilt yields.
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