The yield on UK government bonds rose slightly, with market risk appetite increasing.

With market risk-on sentiment prevailing ahead of Nvidia's earnings report on Wednesday, investors are shifting from safe-haven assets like government bonds to risk assets, causing a rise in UK bond yields. Jochen Stanzl, Chief Market Analyst at CMC Markets, stated in a report: "If Nvidia's quarterly report is positive, it could further boost risk appetite." According to Tradeweb data, the yield on 10-year UK government bonds rose by 1 basis point to 4.693%.