Lates News

In a report, a capital market strategist at the Royal Bank of Canada said that after the UK 30-year government bond yields hit a 27-year high last week, the long-term UK bond yields may decrease in the coming months. The bank stated that the UK Debt Management Office's increase in the proportion of short-term bond supply from October to December may support demand for long-term bonds and ease pressure on long bond yields. It is expected that the Bank of England will also reduce bond sales as part of its quantitative tightening plan. Strategists believe that this should support the UK long-term government bonds.