**As seen in Macro Walk report 06/25/2022, subscribe at cablefxm.co.uk/reports
The U.K. Bloomberg financial conditions index dropped by 50bps this week to the lowest since July 2020. In our weekly Macro Walk report we track conditions for the U.K., EU and U.S., the U.K. FCI is the latest to fall into negative ground, this means that monetary conditions are tightening
Weekly recap:
U.K. 2-year gilt yield -30bps
U.K. 10-year gilt yield -21bps
3M-10Y Gilt -12bps
GBP Spot +0.22%
GBP 5Y Swap -27bps
FTSE 100 Index +2.7%
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