January 15, 2025 15:29 GMT
GILTS: 10-Year Yields Now 19bp Lower On The Day
GILTS
Rally extends further. UK 10-Year yields now 19bp lower on the day, on track to register the largest one-day fall seen since March ’23.
- The benchmark is now ~4bp off the January 8 low (4.659%).
- Futures as high as 91.17, eying resistance at the January 8 high 91.58.
Fig. 1: One-Day Net Change In 10-Year Gilt Yield
54 words