UK 2/10-year government bond yields rise by about 10 basis points
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Two-year UK gilt yields rose by 9.7 basis points to 3.734%, remaining steady around 3.75% throughout the day after opening higher. Thirty-year UK gilt yields increased by 9.0 basis points to 5.174%; fifty-year UK gilt yields rose by 8.5 basis points to 4.761%. The yield spread between 2-year and 10-year UK gilts remained roughly unchanged at +73.386 basis points.
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