Sterling steady, gilts yields hold higher as Reeves delivers spending review

LONDON, June 11 (Reuters) - Sterling was little changed and UK government bond yields held higher on Wednesday, as British finance minister Rachel Reeves delivered a spending review dividing up more than 2 trillion pounds ($2.7 trillion) of public spending.

Britain's 10-year gilt yield was last up 6 bps to 4.6% GB10YT=RR, holding higher on the day and underperforming its peers. Bond yields across other big European government markets were up around 2 bps.

Sterling was steady at around $1.349 GBP=D3 and 84.70 pence per euro EURGBP=D3.