Market Snapshot: U.S.- U.K. 10-Year Spread Reaches Its Narrowest Point Since 2000

Yields on 10-year government bonds fell in the Germany, the U.K., and Japan but increased in the U.S., according to Tradeweb data.

The yield on the 10-year U.K. Gilt is hovering near its record low reached on August 12.

At the same time, the spread between the U.S. and U.K. 10-years continued to tighten and is within 5 basis points of its narrowest point since 2000.

Included below are data snapshots taken at 3:40 PM ET. 

The information is based on indicative, real-time data from Tradeweb.

Yields

CHART 1: U.S. and U.K. 10-Year Yields – August 25, 2013 - August 23, 2016 (3-Year View)

Please note that the left axis refers to the line data in red, and the right axis refers to the line data in blue

CHART 2: U.S. and U.K. 10-Year Spread – August 25, 2013 - August 23, 2016 (3-Year View)