The yield on the UK 10-year government bond remains steady around 4.95% as supply concerns offset weekly declines.

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智通财经2026/08/07 09:16

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The yield on the UK 10-year government bond held steady near 4.95% on Friday, higher than Tuesday's three-week low of 4.891%, as rising oil prices rekindled market concerns that the central bank may need to maintain high interest rates.
Brent crude rose for a second consecutive day, driven by supply concerns, after Iran announced a draft plan to impose restrictions on the Strait of Hormuz. Although Iran and Oman have reportedly reached an agreement to establish a transit corridor, no official agreement has been announced yet, keeping investors cautious.
Despite a modest recent rebound in yields, the UK 10-year government bond yield still ended the week down roughly 9 basis points, supported by hopes that the reopening of the Strait may eventually ease both oil prices and inflation expectations.
The Bank of England kept interest rates unchanged in July, with Governor Bailey stating that despite ongoing external risks, the process of disinflation remains on track.

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The yield on the UK 10-year government bond remains steady around 4.95% as supply concerns offset weekly declines.

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