The medium to long-term financing cost in the UK has fallen by at least 7 basis points, while the Prime Minister's statement on the future of the economy has eased investor concerns.
In the final trading session of the European market on Thursday, the yield on the 10-year UK government bond fell by 7.1 basis points to 4.542%. After a "gap low opening", it remained in a downward trend throughout the day, with overall trading in the range of 4.603% to 4.512%. The US non-farm payroll report released at 20:30 Beijing time brought an increase of about 4 basis points. The yield on the 2-year UK bond fell by 4.1 basis points to 3.841%, hitting a daily low of 3.808% at 16:15, followed by lows. fluctuation- the non-farm payroll report brought a rebound of over 3 basis points. The yield on the 30-year UK bond fell by 8.1 basis points to 5.338%, reaching a daily low of 5.299% at 16:16; the yield on the 50-year UK bond fell by 8.3 basis points to 4.684%, dropping to a daily low of 4.649% at 16:16. The yield spread on the 2/10-year UK bond fell by 3.126 basis points to +69.779 basis points.
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