Gap Between Short- And Long-Term Gilt Yields Narrows
After the Bank of England said it would stop selling very long-dated gilts, the yield gap between short- and long-dated gilts narrowed and 30-year gilt yields fell to a three-week low of 5.725% on Thursday.
The yield spread between short- and long-dated gilts narrowed after the Bank of England said on Thursday it would no longer sell very long-dated gilts. 725% on Thursday.