There is a greater possibility that the Central Bank of the UK will further cut interest rates in the future

On February 6, Jinshi Data reported that the yield on UK government bonds fell sharply after two members of the Central Bank of England supported a larger rate cut of 50 basis points. This may indicate a greater possibility of further rate cuts in the future. Data shows that after the decision, the yield on 2-year UK government bonds fell to a 3-month low of 4.074%, down from the previous 4.134%. The yield on 10-year government bonds reversed during the day, falling from 4.421% to 4.375%.