UK gilt yields slide as PM May loses grip on power

LONDON (Reuters) - British government bond yields fell to their lowest level in six weeks on Friday as Prime Minister Theresa May's weakening grip on power revived fears of a no-deal Brexit and prompted investors to buy low-risk government bonds.The yield on the 10-year gilt, which moves inversely to the price, sank to 1.008 percent, its lowest level since April 2.At 1242 GMT, it stood at 1.023 percent, down 5 basis points on the day.The opposition Labour Party said it was giving up on talks to..