Analyst: UK long-term bond yields may continue to rise.
Analyst James Flintoft of AJ Bell says that due to inflation rates persistently exceeding the Bank of England's 2% target, UK government bond yields may further increase. Previous data shows that the annual Consumer Price Index inflation rate in the UK rose unexpectedly from 3.4% in May to 3.6% in June. Flintoft states that investors in government bonds may demand higher yields on long-term bonds due to the escalating risk of inflation.
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