Several soft uptake numbers in these operations rattled the gilt market but there was some life in this one and that's helped long-dated gilts.
At the same time, global bonds are meaningfully soft today and UK 10-year yields are up 17 bps on the day.
We're creeping back closer to the levels where the Bank of England launched its emergency package. In commetns today, officials said pensions were hours away from collapse.
