English bond prices experienced a V-shaped reversal, with the yield on two-year UK bonds dropping by 4 basis points.

In the European market at the close on Tuesday, the yield on the UK 10-year government bond remained unchanged at 4.509%. At 15:20 Beijing time, it hit a daily high of 4.575% before subsequently continuing to fluctuate downward. The yield on the 2-year UK bond dropped by 4.0 basis points, hitting a daily low of 3.816%, after reaching a high of 3.913% at 15:00. The yield on the 30-year UK bond rose by 0.5 basis points, while the yield on the 50-year UK bond fell by 1.0 basis points. The yield spread between the 2-year and 10-year UK bonds increased by 3.744 basis points to +68.850 basis points.