0931 GMT - Investors sell U.K. government bonds, or gilts, following this week's data showing rising inflation and a weakening labor market. This points to an unpleasant mix of high inflation amid a slowing economy. "U.K. government bond yields are rising faster than their European peers," XTB's Kathleen Brooks says in a note. This suggests investors might be avoiding gilts, she says. "Falling GDP, rising inflation and a weak labor market could trigger more underperformance of the U.K. bond market compared to our peers over the rest of the summer." Ten-year gilt yields rise 2 basis points to 4.660%, Tradeweb data show. Ten-year German Bund yields by contrast climb a more modest 1 basis point to 2.699%. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

July 17, 2025 05:31 ET (09:31 GMT)

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