UK medium- and long-term government bond yields fell by at least more than 5 basis points.

In late European trading on Thursday, the UK 10-year gilt yield fell 5.4 basis points to 5.371%, holding steady at low levels after gapping lower at the open trading around 5.330%, refreshing a daily low of 5.301% at 21:00 Beijing time, before gradually recovering losses. The 2-year gilt yield fell 2.1 basis points to 4.882%, refreshing a daily low of 4.812% in early European trading, and also continued to recover losses since 21:00. The 30-year gilt yield fell 6.4 basis points, and the 50-year gilt yield fell 6.4 basis points. The 2/10-year gilt yield spread fell 3.308 basis points to +48.716 basis points.