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Data Vendor Benchmark Rolls Skewing Yield Moves

GILTS

Questions surrounding some BBG tickers pointing to a ~30bp drop in 2-year gilt yields this morning. This isn’t a ‘real’ move and accounts for a benchmark roll from the Oct-25 to the Jan-26.

  • BBG benchmark rolls in 5s, 10s and 20s are also providing some skew in those metrics, albeit to a lesser degree than what is seen in 2s.
  • Yields across the curve are within 1.5bp of Friday’s closing levels.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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