0743 GMT - Yields on U.K. government bonds climb as investors shift to risk assets and away from safe haven assets after the U.S. and China agreed to lower tariffs substantially. "The risk-on sentiment is making a return and markets could ride that momentum until told otherwise," ING analysts say in a note. The 10-year gilt yield rises 7 basis points to 4.628%, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
May 12, 2025 03:43 ET (07:43 GMT)
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