PWLB briefing
Morning PWLB Predictions
PM RESET PREVIEW — Gilt yields are down 4–5bp across the curve; expect a modest downward shift at the 12:30 PWLB reset.
Little changed so far; predictions reflect small/no move.
GILTS SNAPSHOT
- → 2y: 4.052% (-4bp) — Front end lower, steady move.
- → 10y: 4.721% (-5bp) — Belly down in line with rest of curve.
- → 30y: 5.400% (-4bp) — Long end also softer.
PWLB 12:30 RESET — PREDICTIONS
- → 1y: predicted 4.87% (unch)
- → 5y: predicted 5.22% (unch)
- → 10y: predicted 5.73% (unch)
- → 20y: predicted 6.28% (unch)
- → 30y: predicted 6.37% (unch)
- → 50y: predicted 6.16% (unch)
WHAT'S DRIVING THIS
- → News and data do not show a clear driver for today's move.
CALENDAR
RELEASES SO FAR TODAY
No data released so far today.
STILL DUE TODAY
Nothing further scheduled today.
NEXT 48 HOURS
- → Wed 18:00 — USD Fed Funds Target Rate — Forecast: 3.6%
- → Thu 07:00 — GBP ILO Unemployment Rate — Forecast: 5.3%
- → Thu 07:00 — GBP Claimant Count Unem Change
Curve is softer but calm; no new data or headlines are setting the pace this morning.
This commentary is provided for information only and is not financial advice. Please verify rates directly with PWLB or official sources before acting.
Gilt Edge Advisor — If only all mornings were this straightforward.