This week, the two-year government bond yield in the UK rose by over 44 basis points, as investors closely examined the interest rate policy stance of Bank of England officials.

On Friday in the European market, the yield on 10-year UK government bonds rose by 16.2 basis points to 5.005%, with a total increase of 17.7 basis points for the week, showing a V-shaped reversal. The yield on 2-year UK bonds rose by 18.2 basis points to 4.577%, with a total increase of 44.4 basis points for the week. The yield on 30-year UK bonds rose by 14.4 basis points to 5.578%, with a total increase of 7.8 basis points for the week; the yield on 50-year UK bonds rose by 15.2 basis points to 5.146%, with a total increase of 8.7 basis points for the week. The yield spread between 2-year and 10-year UK bonds fell by 1.779 basis points to +41.953 basis points, with a total decrease of 27.157 basis points for the week.