The yield on the UK's two-year government bonds fell by more than 7 basis points.

In the late trading session on Tuesday, the yield on the UK's 10-year government bonds fell by 5.9 basis points, hitting a daily low of 4.893% and has been declining since 18:44 Beijing time. The yield on the 2-year UK bonds decreased by 7.4 basis points, reaching a daily low of 4.232%. The yield on the 30-year UK bonds fell by 4.8 basis points, while the 50-year UK bonds decreased by 4.4 basis points. The yield spread between the 2-year and 10-year UK bonds widened by 1.188 basis points, reporting +65.832 basis points.