Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Rate expectations offset political turmoil, UK government bonds set for their largest weekly gain in nearly three years

Rate expectations offset political turmoil, UK government bonds set for their largest weekly gain in nearly three years

金十金十2026/05/22 09:47
Show original
Golden Ten Data reported on May 22 that after opening this week’s trading at the highest level in nearly thirty years, the yield on UK long-term government bonds is set to record its largest drop in over two years. In recent weeks, political turmoil and concerns over increased government bond issuance had hit the bond market hard. However, these worries have now been overshadowed by hopes that the US and Iran have reached an agreement, which not only eases pressure on energy prices but also rekindles market bets that the number of interest rate hikes will be reduced. As a result, the yield on the UK’s 30-year government bond may fall by more than 0.25 percentage points this week—the largest decline among G7 sovereign bonds. On Friday, this yield dropped by 5 basis points to around 5.59%. Barclays strategist Moyeen Islam stated: “As the market continues to pay attention to the widely discussed fiscal and inflation risks in the UK, market positioning has become an increasingly important factor. However, further increases in long-term yields would require more ‘bad news’.” This week, lower-than-expected inflation data in the UK, combined with poor employment and retail data, led to reduced expectations for interest rate hikes and in turn boosted bond prices.
0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Is the Federal Reserve repeating the 2022-style rate hikes? Bank of America warns: Rates may return above 5%, suggests shorting two-year U.S. Treasuries.

Bank of America warns: With Waller at the helm, the Federal Reserve may raise interest rates above 5%, potentially repeating the events of 2022.

智通财经2026/09/19 01:26

OpenAI is expected to burn over $278 billion in cash by 2030, with a revenue target of $350 billion over the same period.

OpenAI is expected to generate up to $278 billion in negative free cash flow over the next five years, driven solely by computing power and infrastructure, with cumulative spending projected to reach approximately $856 billion by 2030. The company anticipates revenue of $350 billion in 2030 and $36 billion in 2026, with total revenue from 2026 to 2030 amounting to around $840 billion.

华尔街见闻2026/09/19 00:51