UK: 10-year gilt yield rises after BoE statement

British 10-year gilt yields rose by 3 basis points on the day to 1.24% after the decision and publication of the minutes, Reuters reports.

• Some officials might be close to supporting a rate hike to combat rising inflation
• Bank of England policymaker Kristen Forbes unexpectedly voted for a rise in interest rates at the bank's March meeting
• 2-year gilt yield jumps to day's high of 0.10% up 5.7 bps