Due to the surge in oil prices raising inflation expectations and increasing the likelihood of a rate hike by the Bank of England later this year, UK government bond yields have risen. The UK's annual inflation rate in June slowed to 2.6% from 2.8% in May, primarily because oil prices briefly retreated in June after a ceasefire agreement between the US and Iran. However, as the Middle East conflict has flared up again, oil prices have resumed their upward trend. Brent crude rose 2.4% intraday t

Due to the surge in oil prices raising inflation expectations and increasing the likelihood of a rate hike by the Bank of England later this year, UK government bond yields have risen. The UK's annual inflation rate in June slowed to 2.6% from 2.8% in May, primarily because oil prices briefly retreated in June after a ceasefire agreement between the US and Iran. However, as the Middle East conflict has flared up again, oil prices have resumed their upward trend. Brent crude rose 2.4% intraday t

智通财经2026/07/22 08:16

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Due to soaring oil prices pushing up inflation expectations and increasing the likelihood of the Bank of England raising interest rates later this year, UK government bond yields have risen. The UK's annual inflation rate in June slowed to 2.6% from 2.8% in May, mainly because oil prices briefly fell in June following a ceasefire agreement between the US and Iran. As Middle Eastern conflicts have escalated again, oil prices have resumed their upward trend. Brent crude rose 2.4% on the day to $93.3 per barrel. The 10-year UK government bond yield increased by 1.3 basis points on the day to 5.041%.

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