PWLB briefing
Morning PWLB Predictions
PM RESET PREVIEW — Gilt yields are little changed this morning; expect only minor tweaks at the 12:30 PWLB reset.
Little changed so far; predictions reflect small/no move.
GILTS SNAPSHOT
- → 1y: 4.370% (+2bp) — Modest front-end rise.
- → 10y: 5.014% (+1bp) — Belly essentially flat.
- → 30y: 5.680% (-1bp) — Long end fractionally softer.
PWLB 12:30 RESET — PREDICTIONS
- → 1y: predicted 5.29% (+1bp from current)
- → 5y: predicted 5.57% (+2bp from current)
- → 10y: predicted 6.03% (unch from current)
- → 20y: predicted 6.56% (-1bp from current)
- → 30y: predicted 6.64% (-1bp from current)
- → 50y: predicted 6.43% (-1bp from current)
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
- → 12:00 — GBP BoE Interest Rate Decision — Forecast: 3.75% — could affect sentiment if surprises.
Next 48 hours
- → Thu 12:00 — GBP BoE Interest Rate Decision — Forecast: 3.75%
- → Thu 13:15 — EUR ECB Interest Rate Decision — Forecast: 2.15%
- → Fri 15:00 — USD ISM Manufacturing PMI — Forecast: 53
A steady morning for gilts; keep an eye on the BoE at noon for any shift in tone.
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 uneventful.