[UK Two-Year Government Bond Yield Declines, Market Lowers Expectations for Bank of England Rate Hikes] Jinshi Data, May 27 – Due to weak UK economic data, investors have lowered their expectations for rate hikes by the Bank of England, leading to a continued decline in UK government bond yields. Meanwhile, investors believe the risk of second-round effects is relatively low. Jennifer McKeown, an analyst at Capital Economics, stated in a report: 'Given the weak labor market, reduced fiscal support, and the high starting point of interest rates, the risk of sustained second-round effects appears lower than in 2022-2023.' According to Tradeweb data, the yield on UK two-year government bonds fell by 5 basis points to 4.245%, marking the lowest level in five weeks.