Traders increase bets on Bank of England rate cuts, expecting a total reduction of 68 basis points by the end of 2026

Jinse Finance reported that the yield on the UK two-year government bond fell by 7.1 basis points, reaching its lowest level since August 2024, at 3.693%. Traders have increased their bets on the Bank of England cutting interest rates, expecting a cumulative rate cut of 68 basis points by the end of 2026. (Golden Ten Data)