The two-year UK bond yield has risen by nearly 3 basis points this week, with US inflation expectations leading to a V-shaped reversal

Wallstreetcn
2024.08.16 16:38

At the European market close on Friday (August 16th), the yield on the 10-year UK government bond rose by 0.3 basis points to 3.926%, with a cumulative decline of 1.9 basis points for the week, showing a V-shaped trend overall. On August 14th (US CPI day), it briefly fell to 3.812%. The yield on the 2-year UK bond rose by 2.7 basis points to 3.680%, with a weekly increase of 2.7 basis points, showing a V-shaped reversal overall, and briefly fell to 3.531% before the release of US CPI data. The yield on the 30-year UK bond fell by 1.1 basis points, and the yield on the 50-year UK bond fell by 1.6 basis points. The 2/10-year UK bond yield spread fell by 2.483 basis points to +24.372 basis points, with a weekly decline of 4.657 basis points

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