The yield on UK 10-year government bonds remains steady above 5.4%, near a 19-year high.
智通财经2026/10/09 09:36⑴ The yield on the UK 10-year government bonds remained steady above 5.4%, near a 19-year high, as investors weighed declining oil prices against hawkish comments from Bank of England policymakers. ⑵ Brent crude retreated as concerns over Middle East supply eased after US President Trump ruled out the possibility of attacking Iran before the November midterm elections and described efforts to end the conflict as productive. ⑶ Meanwhile, Bank of England Chief Economist Huw Pill stated that the central bank must continue focusing on controlling inflation. Monetary Policy Committee member Megan Greene warned that UK wage growth could reach around 3.5% by 2027, potentially continuing to drive inflationary pressures and increasing the need for further rate hikes. ⑷ Governor Andrew Bailey also emphasized that the central bank must continue focusing on reducing inflation. ⑸ The market anticipates the Bank of England will raise rates in November, as it remains the only major central bank yet to begin tightening monetary policy to counter inflationary pressures arising from the US-Iran conflict.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Earnings Preview | Applied Materials (AMAT.US) Q4 Results are Certain, the Real Focus is on the Missing 2027 Quantitative Guidance
Applied Materials' high growth in revenue and profit this quarter is already certain. What truly determines the stock price is the guidance for fiscal year 2027, changes in gross margin, and the marginal changes in China-related risks.
Crypto prices
More
