July 29, 2020 / 7:37 AM / 12 days ago

UK five-year gilt yields slip to record low -0.135%

LONDON (Reuters) - British five-year government bond yields GB5YT=RR edged down to a fresh record low of -0.135% on Wednesday, one basis point lower on the day, as concerns about a second wave of COVID-19 infections weighed on the global growth outlook.

Benchmark 10-year gilt yields GB10YT=RR were down by just over a basis point at 0.095%, their lowest since March 9, and not far off that day’s record low of 0.074%.

Reporting by David Milliken; Editing by Alex Richardson

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