1052 GMT - Yields on U.K. government bonds could face increased volatility as markets analyze prospects for another Bank of England interest-rate cut, eToro's Lale Akoner says in a note. The latest U.K. jobs data shows the labor market is stabilizing, but the data is unlikely to change the BOE's stance in the near term, Akoner says. Rising energy costs due to the Middle East war raise inflation risk, however, and could limit the BOE's scope to cut interest rates in the coming months, she says. Ten-year gilt yields hit a 6.5-month high of 4.835% earlier and last trade at 4.824%, 7.3 basis points higher on the day, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 06:52 ET (10:52 GMT)
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