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PWLB briefings

19 March 2026

Every PWLB briefing published on 19 March 2026 — 4 updates, in full.

  • 09:46 Morning Rate Update PWLB rates have surged across the curve, with 10–18bp increases at all maturities after the AM reset, driven by a sharp jump in gilt yields amid escalating Middle East conflict and energy…
  • 11:30 Morning PWLB Predictions ⚠ VOLATILITY ALERT — Gilt yields are sharply higher across the curve (+7bp to +15bp), driven by escalating Middle East conflict and surging energy prices; expect a significant upward reset…
  • 12:56 Afternoon Rate Update ⚠ RATE ALERT — Notable upward move across the PWLB curve at the PM reset, led by front-end and belly tenors, as gilt yields respond to surging energy prices and heightened inflation risk…
  • 17:10 End of Day Wrap-Up UK gilt yields surged across the curve today, driving PWLB maturity rates higher, with the sharpest increases at the short end. GILT MOVE SUMMARY → 1y: 4.339% (+29bp) — front-end led…
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