UK government bond yields drop during fiscal statement
The yields on long-dated U.K. government bonds, known as gilts, have fallen during a statement delivered by British Finance Minister Jeremy Hunt.
The yield on 20-year gilts was down 42 basis points during the statement, dropping to 4.439%. 30-year index-linked gilt yields were down also down 42 basis points to 4.368%.
10-year gilt yields fell 32 basis points to trade around 3.997% just…