UK sells GBP 500mln 1.825% 2049 I/L Gilt: b/c 3.57x (prev. 3.39x), real yield 2.019% (prev. 2.360%)

The UK’s recent auction of GBP 500 million in index-linked gilts shows improved demand, with a bid-to-cover ratio of 3.57, up from 3.39. The decline in real yield to 2.019% from 2.360% indicates heightened interest in inflation protection, which could signal shifting investor sentiment towards duration amid economic uncertainties.