10Y Gilt Yield Falls as Bond Selloff Ebbs1009 GMT - The yield on the 10-year benchmark U.K. government bond, or gilt, trades lower, having risen dramatically after last week's Bank of England policy decision. The 10-year gilt yield trades at 1.430%, or six basis points lower from Wednesday's close, according to Tradeweb. The move follows a similar downward trajectory in comparable debt in Europe and the U.S. as the recent selloff ebbs. The 10-year Treasury yield is down four basis points, while the equivalent German bond falls six basis points. ---System1 Group 3Q 2022 Revenue RoseSystem1 Group PLC said Wednesday that revenue in the third quarter of fiscal 2022 rose 8%, and that profitability was in line with management's expectations.

Source: Wall Street Journal February 09, 2022 16:36 UTC