Gilt yields rose by 50bps across the yield curve in Q2, BoE report shows

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Nominal gilt yields rose by an average of 50 basis points across the yield curve over the second quarter of 2013, reflecting in part a rise in sovereign bond yields across a number of developed countries, the Bank of England (BoE) noted in its quarterly Asset Purchases Facility (APF) report published today.

Sterling investment-grade non-financial corporate bond spreads narrowed slightly over the second quarter, with an initial fall in spreads later being partially offset. Bid-ask spreads, as

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