20 Mar – 24 Mar 2017

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Over the week, 3, 10 and 20 year bond yields all fell but this week they fell unusually, with 10 year yields falling the most, followed by 3 year yields and then 20 year yields. The 3 year / 10 year spread narrowed by 3bps to 80bsp and the 3 year / 20 year spread widened by 2bps to 138bps.

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