UK government bond yields saw an increase during the week ending August 8, 2025, with 10- and 30-year gilt yields rising by 6 basis points to reach levels last seen on August 1. The 10-year real yields are set to close the week at their highest level in one week, reflecting a relatively tight trading range of just 9 basis points, the narrowest in about four years. Market observers suggest that European and UK 30-year yields may be on track to reach new trend highs. Concurrently, the British pound reached a two-week high as traders reacted to a split vote by the Bank of England, indicating ongoing market adjustments to monetary policy signals.