**As seen in Macro Walk report 09/30/22, subscribe at cablefxm.co.uk/reports
U.K. gilt yields made headlines this week as record moves were seen both ways, in daily terms. The curve came higher by market close, however, it flattened as the 30-yr yield fell by 22bps, the 5-yr gilt rate jumped by 32bps on the week
The U.S. Treasury curve steepened, the 10-yr yield increased by 10bps, ending the week at around 3.78%
Bonds were bid in Australia and Switzerland. Rates fell by 30bps in Swiss 5-yr bonds, the Australian curve declined by a lesser extent.
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