UK Bond Yields Rise After BoE Rate Hike
UK government bond yields rose as traders increased rate-hike bets after the Bank of England raised borrowing costs for the first time since 2023. The BoE signalled at least one further increase was likely if the US-Iran war continues.
By Harry RobertsonBritish government bond yields rose on Thursday as traders added to their rate hike bets after the Bank of England raised borrowing costs for the first time since 2023 and signalled at least one more increase was likely if the US-Iran war continues.In a sign of an increased focus…