The two-year UK bond yield rose on Friday before falling back, dropping more than 5 basis points. It fell more than 15 basis points this week

Wallstreetcn
2024.09.06 16:23

At the end of the European session on Friday (September 6th), the yield on the 10-year UK government bond fell by 2.9 basis points to 3.886%. At 20:30 Beijing time, it plunged when the US non-farm payroll report was released, quickly refreshing the daily low to 3.847%, then rebounded. At 21:53, it hit a daily high of 3.937%, with a cumulative drop of 12.9 basis points this week, oscillating downward from 4.061% to 3.847%. The yield on the 2-year UK bond fell by 5.2 basis points to 3.954%, rising on the non-farm payroll day before falling back. It dropped by 15.4 basis points this week, oscillating downward from 4.141% to 3.937%. The yield on the 30-year UK bond fell by 1.2 basis points, and the yield on the 50-year UK bond fell by 0.5 basis points. The 2/10-year UK bond yield spread increased by 2.590 basis points to -6.968 basis points, with a weekly increase of 2.560 basis points. As of 0:22 on September 7, 2024

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