The 2/10-year UK bond yield rose by up to 6 basis points this week.

This week, the yield on the UK 10-year government bond has increased by a total of 5.9 basis points. At the end of the European trading session on Friday, it was reported at 4.567%, showing a V-shaped reversal. Before the Bank of England announced a rate cut on May 8, it had fallen to 4.439%. After the release of the decision statement and the "framework" agreement for trade negotiations between the UK and the US, it rose. The yield on the 2-year UK government bond has increased by 5.2 basis points, reporting at 3.908%. It also fell to 3.779% two minutes before the Bank of England announced a rate cut, then rose when the decision statement was made, reaching 3.969% at the opening of European markets on May 9. The yield on the 30-year UK government bond has increased by 4.2 basis points, and the yield on the 50-year UK government bond has increased by 4.1 basis points. The 2/10-year government bond yield spread has increased by 0.551 basis points, reporting at +65.627 basis points.