![UK Labor Market Data Sparks Bond Market Reaction UK Labor Market Data Sparks Bond Market Reaction](https://mehabe.com/wp-content/uploads/2023/06/telegramchannel-1.jpg)
UK bond prices dropped to levels not seen since 2008 in response to labor market data, which showed stronger-than-expected wage growth in April and led traders to speculate that the Bank of England may raise interest rates to 6%.
UK bond prices dropped to levels not seen since 2008 in response to labor market data, which showed stronger-than-expected wage growth in April and led traders to speculate that the Bank of England may raise interest rates to 6%.