British Gilt yields at extremes

My latest edition (written every Sunday) of Macro Extremes said, “In this weeks list, the British 10’s entered an overbought territory while the other 2, 3 and 5 year durations are nearly doing the same.”

And so during this current week we are now seeing the British government bond yields across 2, 3 and 5 year maturities trading at 2.5 standard deviations above their rolling weekly mean.

May 24, 2023

by Rob Zdravevski

rob@karriasset.com.au