The two-year UK government bond yield rose more than 25 basis points this week.

At the end of the European session on Friday, the yield on the 10-year UK government bond rose by 4.6 basis points to 4.820%, with a cumulative increase of 19.4 basis points for the week. It had fallen to 4.543% by midnight on March 10th and has been steadily rebounding since. The 2-year UK bond yield rose by 3.3 basis points to 4.126%, with a cumulative increase of 25.4 basis points for the week. It had fallen to 3.834% at the opening of European stock markets on March 10th and has been rising continuously since March 11th. The 30-year UK bond yield rose by 4.1 basis points to 5.491%, with a cumulative increase of 17.8 basis points for the week. The 50-year UK bond yield rose by 3.5 basis points to 5.055%, with a cumulative increase of 18.0 basis points for the week. The 2/10-year UK bond yield spread increased by 1.132 basis points to +69.077 basis points, with a cumulative decrease of 6.067 basis points for the week. Since the "gap open" on Monday, it has been oscillating at low levels, constantly testing the psychological barrier of +70 basis points.