
LONDON, April 10 (Reuters) - Medium and long-dated British government bond yields fell on Thursday after rocketing on Wednesday as market tensions eased following U.S. President Donald Trump's decision to pause the implementation of many tariffs.
Thirty-year gilt yields GB30YT=RR, which had risen to their highest since 1998 on Wednesday at 5.649%, were down 16 basis points from Wednesday's close on Thursday at 5.44%, while 10-year gilt yields GB10YT=RR were 2 bps lower at 4.76% at 0708 GMT.
Two-year gilt yields GB2YT=RR were little changed at 3.99% as investors slightly scaled back their expectations for a Bank of England interest rate cut next month.