0915 GMT - Short-dated government bonds and corporate bonds look favorable as the U.S. and U.K. central banks look less likely to raise interest rates in 2026, Jefferies' Mohit Kumar says in a note. Recently published jobs and inflation data have been weaker-than-expected, reducing the prospects of the two central banks increasing interest rates this year. The European Central Bank could increase rates again but is only likely to do so once more this year, he says. As a result, short-term bonds could see improved performance in the coming months, Kumar says.