Hargreaves Lansdown sees four year high in gilt purchases following January yield spike

In keeping with analysis from Hargreaves Lansdown, buying and selling in UK authorities bonds practically doubled from the degrees seen in December 2024, as the primary month of the brand new 12 months recorded the very best ranges of commerce quantity and worth since 2021. 
On 14 January, each the UK 10- and 30-12 months gilt yields climbed to their highest ranges since 2008, studying 4.89% and 5.44%, respectively, whereas 2-12 months gilts hit round 4.6%.
Traders break up on gilts as authorities fights increased borrowing prices amid rising yields
“It appears the chance offered by the spike in gilt yields in January was too good to …