The medium and long-term yields on UK government bonds rose by at least 8 basis points in July.

At the end of Thursday's European session, the yield on the 10-year UK government bond fell by 3.4 basis points to 4.569%, with a cumulative increase of 8.0 basis points in July. The yield on the 2-year UK bond fell by 1.5 basis points to 3.861%, with a cumulative increase of 4.4 basis points in July. The yield on the 30-year UK bond fell by 3.9 basis points to 5.376%, with a cumulative increase of 9.7 basis points in July. The yield on the 50-year UK bond fell by 2.8 basis points to 4.785%, with a cumulative increase of 15.5 basis points in July. The 2/10-year UK bond yield spread fell by 2.015 basis points to +70.015 basis points, with a cumulative increase of 3.975 basis points in July.