Markets

British government bond prices rise on Brexit vote

Published June 24, 2016 Updated June 24, 2016 08:33am

PARIS: British government bonds surged Friday as investors bought into their relative safety following Britain's vote to leave the European Union.

The yield on the benchmark 10-year government bond, or gilt, dropped to 1.014 percent, its lowest level ever.

Copyright AFP (Agence France-Presse), 2016