Before the Bank of England announced the interest rate decision, British Treasury yields rose. Dutch international interest rate strategists said that if the Bank of England fails to signal that interest rates may be cut in June, the yield may rise further. They said in a report that since the Federal Reserve recently suggested that the US should cut interest rates soon, and after the Riksbank cut interest rates on Wednesday, the market is increasingly expecting the Bank of England to send a signal to cut interest rates early. If this doesn't become a reality, “the market may be surprised.” However, they said that the yield on British Treasury bonds is already at a high level, and there should be limited room for growth.