Trader Increases Bet on Bank of England Interest Rate Cut, Expects a Cumulative 68 Basis Point Cut by the End of 2026

BlockBeats News, November 26th: The UK's two-year government bond yield fell by 7.1 basis points to its lowest level since August 2024, reaching 3.693%.

Traders are increasing their bets on the magnitude of a rate cut by the Bank of England, expecting a cumulative 68 basis point cut by the end of 2026. (Jin10)