1420 GMT - The Bank of England is widely expected to cut interest rates by 25 basis points at next week's rate decision, a move which should help short-dated gilts to perform better than their U.S. and eurozone peers, TD Securities analysts say in a note. The near-term trading range for the U.K. 10-year gilt yields sits around 4.2% to 4.6%, TD Securities says in a note. U.K. 10-year gilt yields trade flat at 4.454%, while two-year gilt yields fall 2 basis points to last trade at 3.797%, Tradeweb data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

May 02, 2025 10:20 ET (14:20 GMT)

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