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Yields on UK gilts fall, easing some of their Iran war surge
Mon, 16th Mar 2026 11:48
LONDON, March 16 (Reuters) - British government borrowing costs fell on Monday, reversing a small bit of their surge since the start of the U.S.-Israeli war with Iran.
The yield on the benchmark 10-year gilt was down 6 basis points at 4.767% at 1143 GMT, having leapt by about 60 bps between March 2 and Friday's close, a bigger jump than for many other countries' government bonds. (Writing by William Schomberg, editing by Andy Bruce)
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