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2025-12-12 16:36:11
[Weak UK GDP Data Keeps Bond Yields Flat] ⑴ UK bond yields remained largely unchanged after weaker-than-expected GDP data was released. The data showed that October GDP unexpectedly contracted by 0.1%. ⑵ This data further increased the likelihood of a Bank of England rate cut on December 18th; however, due to high inflation, the pace of future rate cuts remains uncertain. ⑶ Data shows that the market expects a 90% probability of a Bank of England rate cut next week, and another rate cut in 2026. ⑷ The 10-year UK bond yield remained largely unchanged at 4.477%.
