BlackRock: Before the autumn budget is released, investors may pay more attention to the long-term UK government bond yields.

Vivek Paul of BlackRock stated in a report that investors may pay more attention to UK long-term bond yields before the Autumn Budget on November 26. Concerns about government borrowing are putting upward pressure on sovereign bond yields in most developed markets. The Bank of England announced that it will slow down the pace of quantitative tightening from October, reducing the scale to 700 billion over the next year, below the 1 trillion in the past 12 months. The Bank of England stated that the proportion of long-term bond issuance will be lower than short and medium-term bonds. Paul said: "[The Bank of England] policy makers hope that these measures will help limit the pressure on UK-specific long-term bond yields."