Trump Says Ceasefire Has Ended, UK Bond Yields Extend Gains

```htmlGolden Ten Data reported on July 8 that the yields of UK government bonds continued their previous upward trend, rising to the highest level since June 10, as US President Trump announced the end of the ceasefire agreement with Iran. The reasoning behind this is that the news further pushed up Brent crude oil prices, increasing the risk of inflation in the UK, and may prompt the Bank of England to raise interest rates in the coming months.```