(Bloomberg) -- U.K. government bonds rose by the
most in two months as risk aversion among investors drove them to
switch out of risker assets, like stocks, and seek the relative
safety of debt.
Debt's advance pushed 10-year gilt yields to a two-week low
as investors wagered that a probable interest rate increase by
the Bank of England next week is already reflected in prices.
European stock markets for a fifth day, following losses
elsewhere in the world, amid concern a slump in the U.S. housing
market will hurt global growth.
Read more at Bloomberg Bonds News
most in two months as risk aversion among investors drove them to
switch out of risker assets, like stocks, and seek the relative
safety of debt.
Debt's advance pushed 10-year gilt yields to a two-week low
as investors wagered that a probable interest rate increase by
the Bank of England next week is already reflected in prices.
European stock markets for a fifth day, following losses
elsewhere in the world, amid concern a slump in the U.S. housing
market will hurt global growth.
Read more at Bloomberg Bonds News
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