Gilt-yield Volatility Could Increase Ahead of Budget Statement

Dow Jones07-16 22:59

1459 GMT - U.K. government bond yields, or gilt yields, could face higher volatility ahead of the next budget statement due in fall due to uncertainty surrounding the new government's taxation and spending plans, AJ Bell's Dan Coatsworth says in a note. "Bond markets hate uncertainty," he says. Andy Burnham is expected to become the new U.K. prime minister on Monday and he could reveal his cabinet members in the coming days. Political uncertainty and global geopolitical concerns could push gilt yields up further, Coatsworthsays. Ten-year gilt yields rise 2 basis points to last trade at 4.973%, Tradeweb data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

July 16, 2026 10:59 ET (14:59 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment