Bonds stay buoyed following softer UK inflation data ...Middle East

10-year UK gilt yields are down 8 bps currently to around 3.572%, leading the fall in global bond yields on the day. 10-year Treasury yields are also seen down a little over 3 bps to 3.892% and contesting the lows for the year currently. It all comes after the softer UK inflation data earlier today here.It's been quite a dramatic turn in the bond market since the end of October, and the ongoing rally certainly looks rather unrelenting. I mean, if even the UK economy - which is expected to see more sticky and high inflation - is also showing signs of weakening price pressures, it just validates everything else that we're seeing elsewhere. And that vindicates the disinflation narrative that ma

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