The longgilt future was off 0.24 points at 109.68, after a warning on inflation by economist Sushil Wadhwani, a member of the Bank of England's Monetary Policy Committee.
Investors were also ditching long-dated British bonds: the 10-year gilt yielded 3.14% on Monday afternoon in London, up from 3.13% on Friday, while the two-year British gilt lost 5 basis points to yield 1.56%.