UK gilts trading at their lowest yields since the 1890s


In recent weeks UK gilts have been trading at their lowest yields since the 1890s.

On Monday, UK ten year bonds were trading at a yield of 2.39%, having touched as low as 2.24% the previous week.

Bank of England figures suggest that annual average yields on UK consols, as gilts' predecessors were known, were as low as 1.96% in 1897.

Colin Ellis from the British Venture Capital and Private Equity Association told Wake Up To Money whether that was good or bad news.

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