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The yield on the two-year UK gilts rose by 2.8 basis points to 4.185% after the Bank of England's rate decision on June 18.
On June 18, the two-year UK government bond yield increased by 2.8 basis points to 4.185%, touching 4.220% as the Bank of England kept interest rates unchanged.
On this trading day, the ten-year government bond yield increased by 0.6 basis points to 4.757%, showing a V-shaped intraday movement, and later in the day, it briefly rose to 4.782%.
Longer-term bond yields declined, with the 30-year yield down by 1.3 basis points, and the 50-year yield falling by 0.8 basis points.
The spread between the two-year and ten-year yields narrowed by 3.8 basis points to +56.882 basis points.