(Bloomberg) -- U.K. gilts have flashed a warning sign to investors. The yield on the 10-year notes jumped 23 basis points last week, crossing the May peak and so ending an established downtrend. As the markets adjust to more hawkish Bank of England policy makers including Governor Mark Carney, vital resistance points appear at 1.30 percent and 1.34 percent.
To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net.
To contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Ven Ram at vram1@bloomberg.net, Cecile Gutscher
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