The yield on long-dated UK government bonds rose by at least 5 basis points.
At the end of the European market on Monday, the yield on 10-year UK government bonds rose by 2.9 basis points to 4.508%, reaching a high of 4.529% at 22:27 Beijing time. The yield on 2-year UK bonds rose by 0.8 basis points to 3.865%, reaching a high of 3.885% at 22:27 as well. The yield on 30-year UK bonds rose by 5.1 basis points, while the yield on 50-year UK bonds rose by 6.3 basis points. The yield spread between 2-year and 10-year UK bonds increased by 2.123 basis points to +64.072 basis points.
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