英国国债收益率集体上行 机构：英国央行降息时间或出现调整

Core Viewpoint - The UK government bond yields have collectively risen following the Bank of England's decision to maintain the base interest rate at 4%, amid concerns over rising public debt and budget deficits [1][3]. Group 1: Interest Rate Decisions - The Bank of England's Monetary Policy Committee voted to keep the interest rate unchanged, with seven members in favor and two advocating for a 25 basis point cut [1]. - Investment institutions have adjusted their forecasts for potential interest rate cuts by the Bank of England, with some suggesting a delay until February next year [3][4]. Group 2: Public Debt and Budget Deficits - As of the end of August, the UK's net public sector debt reached 96.4% of GDP, with a budget deficit of £18 billion (approximately $24.29 billion) in August, marking the highest borrowing for that month in five years [3]. - The cumulative deficit for the first five months of the fiscal year reached £83.8 billion (approximately $113.08 billion), exceeding previous forecasts by £11.4 billion (approximately $15.38 billion) [3]. Group 3: Market Reactions - Following the announcement of the unchanged interest rate, UK government bond yields increased, with the 1-year yield rising by 0.3 basis points to 3.925%, the 10-year yield up by 2.8 basis points to 4.713%, and the 30-year yield increasing by 5.6 basis points to 5.556% [1][2].