The yield on 10-year UK government bonds falls by about 5 basis points.

The yield on the 2-year UK bond fell by 3.5 basis points to 4.417%, recording a cumulative increase of 6.7 basis points this week. The yield on the 30-year UK bond fell by 4.5 basis points to 5.647%, with a cumulative increase of 6.2 basis points this week; the yield on the 50-year UK bond fell by 4.6 basis points to 5.202%, with a cumulative increase of 5.0 basis points this week. The spread between the 2-year and 10-year UK bond yields narrowed by 1.210 basis points to +54.576 basis points, marking a cumulative decrease of 1.322 basis points this week.