U.K. Long-End Curve in Sync With Euro Move Against Pound: Chart

As the uncertainty over Britain’s future in the European Union increases, the long-end of the U.K. bond curve has steepened to the most since 2013. The extra yield for 30-year gilts over 10-year notes is at 93 basis points. The curve is moving higher as the pound slid to its lowest level against the euro since December 2014.

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