PWLB briefings
23 March 2026
Every PWLB briefing published on 23 March 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates have surged across the curve, with double-digit increases at all maturities following a sharp gilt selloff amid escalating Middle East tensions. ⚠ VOLATILITY ALERT — AM reset…
- Morning PWLB Predictions ⚠ VOLATILITY ALERT — Gilt yields are sharply lower across the curve (-11bp to -14bp at key long tenors) as markets react to escalating Middle East conflict and energy price shocks; expect a…
- Afternoon Rate Update ⚠ VOLATILITY ALERT — PWLB rates reset sharply lower at the PM fix, with 1–5 year maturities down 10–15bp, as global bond yields fell following a pause in US-Iran military escalation. PWLB…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving a modest increase in long-dated PWLB rates, while short and medium PWLB tenors were little changed or slightly lower. GILT MOVE…
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