UK borrowing costs rise as gilt yields surge to near 27-year high

BoE expectations changed

Linus Uhlig
clock • 1 min read

UK 30-Year gilt yields rose to highs last seen in 1998 high on Monday (19 August) as market expectations for future Bank of England rate cuts shifted.

To continue reading this article...

Join Investment Week today

  • 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 Fixed income

Geopolitics and government debt top concerns for fixed income markets

Geopolitics and government debt top concerns for fixed income markets

Nedgroup Investments survey

clock 18 August 2026 • 1 min read
Nedgroup's David Roberts and Alex Ralph: Why bonds are not the way to play the AI theme

Nedgroup's David Roberts and Alex Ralph: Why bonds are not the way to play the AI theme

Global AI-linked debt issuance to hit $570bn in 2026

David Roberts and Alex Ralph
clock 12 August 2026 • 4 min read
Fund Manager of the Year Awards 2026 winner's interview: Schroder Strategic Bond fund

Fund Manager of the Year Awards 2026 winner's interview: Schroder Strategic Bond fund

Winner of the Sterling Strategic Bond category

Investment Week
clock 11 August 2026 • 4 min read
Trustpilot