Actual
5.3528
Daily Change
-0.03%
Monthly
0.33%
Yearly
0.60%
Q3 Forecast
5.3557
UK 10 Year Bond Yield - Summary

UK 10-year gilt yields rose to 5.4%, a near two-decade high, as investors digested a series of comments from Bank of England policymakers for further clues on the monetary policy outlook. BoE Governor Andrew Bailey said persistently high energy prices would make it harder for the central bank to keep rates on hold, while MPC members Sarah Breeden and Clare Lombardelli also signaled they were moving closer to supporting a rate hike as rising energy prices increased the risk of inflation remaining above target. The warnings come at a challenging time for Prime Minister Andy Burnham and Finance Minister John Healey, who are seeking to ease cost-of-living pressures ahead of the October 28 budget. Markets are pricing in roughly an 80% chance of a BoE rate hike in November, with slightly more than four 25bp increases priced into the curve over the next year. In the US, investors have likewise increased bets on further Federal Reserve rate hikes following hawkish comments from policymakers.

UK 10 Year Bond Yield - Stats

The yield on United Kingdom 10Y Bond Yield eased to 5.35% on September 25, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.33 points and is 0.60 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the UK 10 Year Bond Yield reached an all time high of 16.09 in November of 1981. UK 10 Year Bond Yield - data, forecasts, historical chart - was last updated on September 27 of 2026.

UK 10 Year Bond Yield - Forecast

The yield on United Kingdom 10Y Bond Yield eased to 5.35% on September 25, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.33 points and is 0.60 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The UK 10 Year Bond Yield is expected to trade at 5.36 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5.04 in 12 months time.



Bonds Yield Day Month Year Date
UK 10Y 5.35 -0.030% 0.328% 0.596% Sep/25
UK 1M 3.83 -0.0002% -0.003% -0.262% Sep/25
UK 3M 4.01 -0.0002% 0.106% -0.106% Sep/25
UK 6M 4.19 0.0001% 0.125% 0.109% Sep/25
UK 52W 4.52 -0.115% 0.409% 0.574% Sep/25
UK 3Y 4.88 -0.077% 0.397% 0.839% Sep/25
UK 5Y 4.91 -0.067% 0.338% 0.731% Sep/25
UK 7Y 5.15 -0.030% 0.391% 0.817% Sep/25
UK 20Y 5.81 -0.0003% 0.106% 0.369% Sep/25
UK 30Y 5.86 0.011% 0.098% 0.296% Sep/25
UK 2Y 4.69 -0.101% 0.326% 0.652% Sep/25



Related Last Previous Unit Reference
United Kingdom Inflation Rate 3.10 2.90 percent Aug 2026
United Kingdom Interest Rate 3.75 3.75 percent Sep 2026
United Kingdom Unemployment Rate 4.90 4.90 percent Jul 2026

UK 10 Year Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
5.35 5.38 16.09 0.07 1980 - 2026 percent Daily

News Stream
UK Gilt Yields Rise as BoE Turns More Hawkish
UK 10-year gilt yields rose to 5.4%, a near two-decade high, as investors digested a series of comments from Bank of England policymakers for further clues on the monetary policy outlook. BoE Governor Andrew Bailey said persistently high energy prices would make it harder for the central bank to keep rates on hold, while MPC members Sarah Breeden and Clare Lombardelli also signaled they were moving closer to supporting a rate hike as rising energy prices increased the risk of inflation remaining above target. The warnings come at a challenging time for Prime Minister Andy Burnham and Finance Minister John Healey, who are seeking to ease cost-of-living pressures ahead of the October 28 budget. Markets are pricing in roughly an 80% chance of a BoE rate hike in November, with slightly more than four 25bp increases priced into the curve over the next year. In the US, investors have likewise increased bets on further Federal Reserve rate hikes following hawkish comments from policymakers.
2026-09-25
UK Gilt Yields Ease but Remain Near Multi-Year Highs
UK 10-year gilt yields eased slightly to 5.35% as oil prices retreated from a two-day rally following reports that the US and Iran were considering a phased agreement that could reopen the Strait of Hormuz. Despite the pullback, gilt yields remain close to multi-year highs as the US-Iran conflict and elevated energy prices continue to fuel concerns over renewed inflationary pressures. Markets continue to price in a solid probability of a 25-basis-point Bank of England rate hike in November. Earlier this week, BoE Deputy Governor Sarah Breeden said it could become “increasingly appropriate” to respond to rising inflation risks by raising interest rates. Deputy Governor Clare Lombardelli likewise said rates may need to rise if energy prices remain elevated, while MPC member Swati Dhingra said inflation expectations were not yet a source of concern. In the US, investors also increased bets on further Federal Reserve rate hikes following hawkish comments from policymakers.
2026-09-25
UK Gilt Yields Remain High Amid Rate Hike Bets
UK 10-year gilt yields were little changed around 5.35%, remaining close to the 19-year highs reached earlier this month, as elevated oil prices and comments from Bank of England policymakers kept monetary policy in focus. Brent extended its recent gains as heightened Middle East tensions clouded prospects for a diplomatic resolution to the US-Iran war. BoE Deputy Governor Clare Lombardelli said rates may need to rise if energy prices remain elevated, unless there is clear evidence of a weaker economy. Meanwhile, MPC member Swati Dhingra said inflation expectations were not yet a source of concern. The latest PMI showed UK business activity continued to expand in September, although growth slowed slightly and fell short of expectations. Markets nevertheless continue to price in a solid chance of a 25-basis-point BoE rate hike in November. In the US, investors also increased bets on further Fed rate hikes following hawkish comments from policymakers and stronger-than-expected PMI data.
2026-09-24