At the end of the European market on Monday, the yield on UK 10-year treasury bonds rose 3.0 basis points to 4.238%, and rose to 4.259% at 22:02 Beijing time, approaching 4.308% at the top of June 11 and 4.403% at the top of May 29. The two-year British bond yield rose 0.8 basis points to 4.179%, and the intraday trading range was 4.155% - 4.202%. Market expectations for the Bank of England to cut interest rates have cooled down. Currently, the room for interest rate cuts before the end of 2025 is 124 basis points, which is 4 basis points lower than last Friday's expectations. The yield on 30-year British bonds rose 2.9 basis points — investors are preparing to face the £2.25 billion supply of British Treasury bonds on Tuesday. The yield on 50-year British bonds rose 3.0 basis points. The 2/10-year British bond yield spread rose 2.247 basis points to +5.723 basis points, approaching the bottom of August 23 by +23.374 basis points — the next day.

At the end of the European market on Monday, the yield on UK 10-year treasury bonds rose 3.0 basis points to 4.238%, and rose to 4.259% at 22:02 Beijing time, approaching 4.308% at the top of June 11 and 4.403% at the top of May 29. The two-year British bond yield rose 0.8 basis points to 4.179%, and the intraday trading range was 4.155% - 4.202%. Market expectations for the Bank of England to cut interest rates have cooled down. Currently, the room for interest rate cuts before the end of 2025 is 124 basis points, which is 4 basis points lower than last Friday's expectations. The yield on 30-year British bonds rose 2.9 basis points — investors are preparing to face the £2.25 billion supply of British Treasury bonds on Tuesday. The yield on 50-year British bonds rose 3.0 basis points. The 2/10-year British bond yield spread rose 2.247 basis points to +5.723 basis points, approaching the bottom of August 23 by +23.374 basis points — the next day.