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Curve flattening continues - huge moves

GILTS
  • Gilt curve flattening continuing on a huge scale here on the bigger than expected fiscal package and the DMO remit split towards shorts.
  • 2y yields up 25.9bp today at 3.746%
  • 5y yields up 28.0bp today at 3.831%
  • 10y yields up 14.7bp today at 3.638%
  • 30y yields up 6.7bp today at 3.838%
  • 2s10s down -11.2bp today at -0.10.bp
  • 10s30s down -8.0bp today at 20.0bp

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