Markets Increase Expectations of BOE Raising Rates in April -- Market Talk
Dow Jones03-27 17:38
0938 GMT - Investors have increased their expectations of the Bank of England raising interest rates to 4.0% in April as oil prices climb. Markets price an 84% chance of a BOE rate hike at the BOE's April 30 policy meeting, up from a 65% chance priced in earlier this week, LSEG data show. U.K. 2-year gilt yields climb 4 basis points to last trade at 4.600%, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 27, 2026 05:38 ET (09:38 GMT)
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