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Sterling steady, gilts yields hold higher as Reeves delivers spending review
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Sterling steady, gilts yields hold higher as Reeves delivers spending review
Jun 11, 2025 5:31 AM

LONDON, June 11 (Reuters) - Sterling was little changed

and UK government bond yields held higher on Wednesday, as

British finance minister Rachel Reeves delivered a spending

review dividing up more than 2 trillion pounds ($2.7 trillion)

of public spending.

Britain's 10-year gilt yield was last up 6 bps to 4.6%

, holding higher on the day and underperforming its

peers. Bond yields across other big European government markets

were up around 2 bps.

Sterling was steady at around $1.349 and 84.70

pence per euro.

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