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PWLB briefings

20 March 2026

Every PWLB briefing published on 20 March 2026 — 5 updates, in full.

  • 09:36 Morning Rate Update PWLB rates reset sharply higher this morning, with significant moves across the curve led by the front end as markets react to fresh inflation and geopolitical shocks. ⚠ VOLATILITY ALERT…
  • 11:30 Morning PWLB Predictions ⚠ VOLATILITY ALERT — Gilt yields are sharply higher across the curve (+5bp to +11bp), driven by renewed inflation fears and energy market disruption; expect a significant upward reset at…
  • 12:51 Afternoon Rate Update ⚠ VOLATILITY ALERT — PWLB fixed rates reset sharply higher at the PM fix, with moves of +5bp to +12bp across the curve, driven by a surge in gilt yields as energy-driven inflation fears and…
  • 17:10 End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving PWLB rates to their highest levels since the financial crisis. GILT MOVE SUMMARY → 1y: 4.507% (+15bp) — front-end led the move…
  • 17:51 Weekly Wrap-Up ⚠ CRITICAL WEEKLY — Front end +41bp on the week. 10y PWLB at 6.11%. BoE unanimous hold, cut guidance dropped. Iran attacks Qatar LNG hub. PSNB £5.8bn above forecast. Fed hike now >50%…
19 March 202623 March 2026

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