The yield on UK two-year government bonds rises by about 21 basis points.
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The two-year UK bond yield rose by 20.9 basis points to 4.404%. After the Bank of England announced to keep rates unchanged, it broke the slight upward trend and remained below 4.250%, reaching a daily high of 4.494% at 21:15 (UTC+8). The 30-year UK bond yield increased by 2.7 basis points, and the 50-year UK bond yield rose by 0.9 basis points. The spread between the 2-year and 10-year UK bond yields dropped by 20.026 basis points to +43.732 basis points, with a sharp dip at 20:00 (UTC+8).
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