Bond prices are under sustained pressure, with benchmark U.S. 10-year yields rising 2 basis points to 2.28% overnight while similarly-date U.K. government bonds, known as Gilts, are trading at a yield of 1.25%, that's a 23 basis point increase from Monday's opening price and the highest since March. Benchmark German bunds were seen opening at around 0.45% in European trading, after starting the week at 0.26%, capping the biggest 5-day move since December 2015.
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