FI off the lows but down a lot; EURGBP close to flat on the day

SONIA futures and gilts are now some way off their lows - but markets are still pricing in a 6.00% Bank Rate in around 12 months time (but this is down from around 6.25-6.50% at the peak). EURGBP is now broadly flat on the day - with GBPUSD only a little lower.

• SONIA Sep-22 down 61.2 ticks today at 96.54 - up from a low of 96.35.
• SONIA Sep-23 down 48.5 ticks today at 94.055 - up from a low of 93.6950.
• 2y gilt yields up 50.8bp today at 4.469% - but down 11.9bp from their peak of 4.598%
• 10y gilt yields up 28.8bp today at 4.108% - down 8.7bp from peak of 4.195%
• 30y gilt yields up 28.0p today at 4.324% - from 4.6bp from peak of 4.369%
• 2s10s down -22.3bp today at -36.5bp, 10s30s up 0.9bp today at 21.0bp
• GBPUSD at 1.080 at writing - down 0.5% from Friday's close of 1.0859 but up from the intraday low of 1.0350.
• EURGBP at 0.8940 at writing - up just 0.1% from Friday's close of 0.89293 and down from the peak of 0.9266.