The UK government's 10-year financing costs fell by more than 16 basis points this week, marking the largest weekly decline since April at least

On Friday (January 9), in the European market's late trading, the yield on the UK 10-year government bond fell by 3.0 basis points to 4.374%. At 22:47 Beijing time, it rebounded to 4.413%, but then continued to decline, with a cumulative drop of 16.2 basis points this week, showing an overall downward trend—the non-farm payroll report failed to create significant waves. The yield on the 2-year UK bond fell by 1.2 basis points to 3.644%, rising to 3.681% when the US non-farm payroll report was released at 21:30, refreshing the daily high, with a cumulative drop of 9.1 basis points this week. The yield on the 30-year UK bond fell by 3.9 basis points to 5.120%, with a cumulative drop of 15.3 basis points this week. The yield on the 50-year UK bond fell by 3.7 basis points to 4.630%, with a cumulative drop of 12.7 basis points this week. The yield spread between the 2-year and 10-year UK bonds fell by 1.767 basis points to +72.962 basis points, with a cumulative drop of 7.032 basis points this week