英国央行维持利率不变 英债收益率多数上行

Group 1 - The Bank of England maintained its benchmark interest rate at 4.25%, with economists expecting a potential rate cut in August [1][3] - Following the announcement, there was a sell-off in medium to long-term UK bonds, with the 2-year bond yield rising by 0.5 basis points to 3.898% and the 10-year bond yield increasing by 3.1 basis points to 4.527% [1] - The monetary policy committee showed a split decision, with 6 members voting to keep rates unchanged and 3 members favoring a 25 basis point cut [3] Group 2 - The UK economy showed signs of weakness, with a 0.3% contraction in April, leading to concerns about the timing of potential rate cuts [4] - Recent inflation data indicated a year-on-year rate of 3.4% in May, which is above the Bank of England's target of 2% [3][4] - Analysts expect the Bank of England to cut rates by 25 basis points in August and again in the fourth quarter [4] Group 3 - The Swiss National Bank lowered its interest rate to 0%, raising concerns about the potential return of negative interest rates [4][5] - The European bond market experienced slight fluctuations, with German and Italian bond yields rising marginally [5] - The Federal Reserve maintained its overnight interest rate target range at 4.25%-4.50%, indicating potential future rate cuts [6]