Rising oil prices intensify inflation concerns, UK government bond yields rise

According to Jinshi News, due to the resumption of hostilities between the United States and Iran, rising oil prices have intensified inflation concerns, leading to an increase in UK government bond yields.

Tradeweb data shows that the yield on UK 10-year government bonds rose by 1.2 basis points, currently reported at 4.969%. Investors are awaiting interest rate decisions from the Federal Reserve and the Bank of England.