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UK bond yields rose slightly as investors await signals from the Central Bank.
Jin10 data reported on October 9th that UK government bond yields have slightly risen, as investors are following the speech of Bank of England monetary policy committee member Mann to understand the potential interest rate cut path of the Bank of England in the coming months. Currently, the market expects only a 23% chance of the Bank of England cutting rates again before the end of 2025, indicating low expectations for further easing of monetary policy in the short term. According to Tradeweb, the yield on UK 10-year government bonds rose by 1 basis point, latest reported at 4.721%.