Traders have further increased their bets on the UK's rate hike after the Bank of England hinted that it might raise interest rates in the next few months. The Bank of England has kept its policy interest rate unchanged this time. Traders currently expect the Bank of England to raise interest rates by a total of 39 basis points by the end of this year, higher than the 38 basis points expected before the resolution was announced. The yield on UK two-year treasury bonds fell 6 basis points to 4.38%, and the pound once rose to a one-week high of 1.3407.

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