UK yields rise by most since mid-Sept in global bond sell-off

LONDON, Nov 10 (Reuters) - British government bond yields

posted their biggest one-day rise in almost two months on

Friday, dragged higher by similar moves in U.S. and European

markets as investors cashed in on early November's bond rally.

The 10-year gilt yield was up 7 basis points on

the day at 1.34 percent as of 1630 GMT, marking the biggest

daily increase since Sept. 15 - a day after the Bank of England

first flagged an interest rate hike that it delivered last week.

Yields rose across the range of British bonds, particularly

for longer-dated paper.

The premium that 10-year gilts offer over the equivalent

German Bund widened by 3 basis points on the day to

93 bps, pushed up by stronger-than-expected British industrial

production data.

U.S. Treasury yields also rose sharply on Friday.

Dec (Shanghai: 600875.SS - news) long gilt future 124.31 (-0.82)

Dec 2017 short sterling 99.455 (-0.005)

March 2018 short sterling 99.38 (-0.01)

10-year gilt yield 1.34 (+7.4 bps)

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Long Gilt futures Gilt benchmark chain

Short Stg futures Cash market quotes

Deposit rates Sterling cross rates

UK debt speedguide

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Gilts Sterling

Euro Debt Dollar

U.S. Treasuries Debt reports

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Gilt strips data All gilt strips

Gilt strips IO Gilt strips PO

(Editing by Kevin Liffey)