According to CoinMeta, an analyst from Berenberg Bank, Andrew Wishart, stated in a report that investors expect the UK government to continue to reduce the proportion of public debt to GDP in the budget to be announced on Wednesday. He pointed out that the yield gap between UK two-year and ten-year government bonds remains relatively narrow, indicating that markets expect the government to maintain fiscal prudence. Wishart warned that if the scale of government borrowing announced by UK Chancellor of the Exchequer John Hilley exceeds market expectations, UK government bond yields could rise significantly.