On Tuesday (June 23), during late European trading, the yield on the UK 10-year government bond fell by 5.4 basis points to 4.754%, experiencing a gap-down opening and declining throughout the day.
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The yield on the two-year UK gilt fell by 4.3 basis points to 4.165%. The yield on the 30-year UK gilt fell by 5.1 basis points, and the yield on the 50-year UK gilt decreased by 3.7 basis points. The yield spread between the 2-year and 10-year UK gilts shrank by 1.168 basis points to +58.720 basis points.
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