Traders are increasing bets on the extent of interest rate cuts by the Bank of England, expecting a cumulative reduction of 68 basis points by the end of 2026.

BlockBeats news, on November 26, the yield on UK two-year government bonds fell by 7.1 basis points, reaching the lowest level since August 2024, at 3.693%. Traders increased their bets on the extent of the Bank of England's interest rate cuts, expecting a cumulative reduction of 68 basis points by the end of 2026. (Jin10)

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