The medium to long-term financing cost in the UK has fallen by at least 7 basis points, while the Prime Minister's statement on the future of the economy has eased investor concerns.

date
04/07/2025
In the final trading session of the European market on Thursday, the yield on the 10-year UK government bond fell by 7.1 basis points to 4.542%. After a "gap low opening", it remained in a downward trend throughout the day, with overall trading in the range of 4.603% to 4.512%. The US non-farm payroll report released at 20:30 Beijing time brought an increase of about 4 basis points. The yield on the 2-year UK bond fell by 4.1 basis points to 3.841%, hitting a daily low of 3.808% at 16:15, followed by lows. fluctuation- the non-farm payroll report brought a rebound of over 3 basis points. The yield on the 30-year UK bond fell by 8.1 basis points to 5.338%, reaching a daily low of 5.299% at 16:16; the yield on the 50-year UK bond fell by 8.3 basis points to 4.684%, dropping to a daily low of 4.649% at 16:16. The yield spread on the 2/10-year UK bond fell by 3.126 basis points to +69.779 basis points.