The most likely range for 3-month bill yields in 10 years remained in the 0% to 1% range. The probability of being in this range is only 0.02% higher than the probability of the 1% to 2% range.

One-month forward Gilt rates peaked at 6.06% this week, compared to 6.27% the previous week. The 2-year/10-year United Kingdom Gilt spread closed the week at 0.321%, compared to 0.317% one week prior.

The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...