PWLB briefing

Morning PWLB Predictions

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PM RESET PREVIEW — Gilt yields are modestly higher across the curve (+1 to +5bp); expect a small upward nudge in PWLB rates at the 12:30 reset.

Little changed so far; predictions reflect small/no move.

GILTS SNAPSHOT

  • 2y: 4.43% (+5bp) — Short end leads with a mild rise.
  • 10y: 4.99% (+3bp) — Belly firmer, echoing front-end direction.
  • 30y: 5.67% (+1bp) — Long end steady, minimal change.

PWLB 12:30 RESET — PREDICTIONS

  • 1y: predicted 5.22% (-3bp from current)
  • 5y: predicted 5.49% (-3bp from current)
  • 10y: predicted 5.98% (-3bp from current)
  • 20y: predicted 6.52% (-3bp from current)
  • 30y: predicted 6.61% (-3bp from current)
  • 50y: predicted 6.39% (-3bp from current)

WHAT'S DRIVING THIS

  • No single clear driver in today's inputs.

CALENDAR

RELEASES SO FAR TODAY

No data released so far today.

STILL DUE TODAY

Nothing further scheduled today.

NEXT 48 HOURS

Calendar is light over the next 48 hours.

Steady session so far; no surprises expected for the PM PWLB reset barring late market moves.

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 potholes were as predictable as the 12:30 reset.

All briefings for 28 April 2026 · April 2026 archive · All PWLB briefings