The squeeeeeeeze on UK yields continues.
**UK 2-YEAR GILT YIELDS RISE TO 5% FOR FIRST TIME SINCE 2008, UP 7 BASIS POINTS ON DAY
**UK INTEREST RATE SWAPS SHOW GREATER THAN 50% CHANCE OF BOE RATES REACHING 6% BY FEB 2024
This article was written by Ryan Paisey at www.forexlive.com.