The U. K. data looks quite reasonable. The Bank of England is going to be on hold for a while.
More Quotes from Andy Chaytor:
Investors saw 3.53 percent as the top of the range in yield terms, so it was a good opportunity to do some short-term buying.Andy Chaytor
Supply is out of the way, and the market is coming off some yield levels that looked attractive to investors.
Andy Chaytor
The data is certainly improving. We could get to much higher yield levels than we are currently at.
Andy Chaytor
With the curve having flattened for a few days in a row, people may have taken their money out of it. There's been big selling of the 30-year bond.
Andy Chaytor
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