UK 10-year gilt yields fall to record lows

Laura Dew
clock

The yield on a 10-year UK government bond fell to a new record low below 1.4% on Thursday after comments the Bank of England is in 'no rush' to raise interest rates.

Ten-year gilt yields touched 1.396% to as investors flocked to the asset class following dovish comments from policymakers. Twenty- and 30-year gilt yields also touched new record lows of 1.921% and 2.102%. Bank of England chief economist Andrew Haldane (pictured) told markets this week the Bank is in no hurry to hike rates from their historic lows. When an increase does come, it could be as little as 0.5 percentage points per year for several years, he said. His comments came alongside a statement by Bank Governor Mark Carney stating inflation could turn negative in the first hal...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

UK employment falls to 13-year low despite positive services output

UK employment falls to 13-year low despite positive services output

BDO Employment index

Cristian Angeloni
clock 07 July 2025 • 1 min read
Trump returns to tariff threats as 9 July deadline approaches

Trump returns to tariff threats as 9 July deadline approaches

EU and BRICS at risk

Linus Uhlig
clock 07 July 2025 • 1 min read
Early Powell departure could be an 'unexpected gift' for EMs

Early Powell departure could be an 'unexpected gift' for EMs

Trump claims he will replace chair sooner

Eve Maddock-Jones
clock 01 July 2025 • 3 min read
Trustpilot