0722 GMT - Yields on U.K. government bonds, or gilts, climb as investors await the Bank of England interest-rate decision due at 1100 GMT, where it is widely expected to keep rates unchanged at 3.75%. This follows the U.S. Federal Reserve Wednesday's decision to keep rates on hold. Investors are also concerned about high oil prices and an increased inflation risk. Ten-year gilt yields climb 1.4 basis points to last trade at 5.033%, Tradeweb data show.
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