TREE NEWS reports: UK 2-year gilt yields rose 1.8 basis points to 4.590% at Tuesday’s European close, while 30-year yields fell 1.1 bps to 5.807% and 50-year yields dropped 1.5 bps to 5.369%. The 10-year yield slipped 0.2 bp to 5.173%, after touching a high of 5.206% earlier. The 2/10-year spread narrowed by 2.029 bps to +58.199 bps.
UK 2-yr yield rises ~2 bps, long-end falls over 1 bp
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