The financial outlook is worrying! The issuance of new UK government bonds has been repeatedly met with cold reception, and subscription demand has reached a nearly two-year low.

According to the Securities Times app, the latest five-year government bond auction in the UK has seen the lowest bid-to-cover ratio in nearly two years. This phenomenon once again demonstrates that, despite the high yield of UK government bonds, investors are still hesitant to enter the market due to concerns about the fiscal outlook.