Short and medium-term UK bond yields rebounded more than 4 basis points, moving away from the lowest level in the past 13 months.

At the end of the European market on Thursday, the yield on the 10-year UK government bond rose by 4.8 basis points to 4.388%, rebounding from a low of 4.336% on January 14. The two-year UK bond yield rose by 4.4 basis points to 3.670%. The 30-year UK bond yield rose by 3.4 basis points, and the 50-year UK bond yield rose by 3.6 basis points. The 2/10-year UK bond yield spread fell by 1.801 basis points to +71.928 basis points.