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UK 2/10 Treasury yield rises by about 10 basis points
On Tuesday (March 3rd) at the close of the European market, the UK 10-year government bond yield rose by 9.7 basis points to 4.471%. The 2-year UK bond yield increased by 9.7 basis points to 3.734%, remaining steady around 3.75% throughout the day after opening higher. The 30-year UK bond yield rose by 9.0 basis points to 5.174%; the 50-year yield increased by 8.5 basis points to 4.761%. The 2/10-year UK bond yield spread remained roughly unchanged at +73.386 basis points.