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PWLB briefings

30 April 2026

Every PWLB briefing published on 30 April 2026 — 4 updates, in full.

  • 09:36 Morning Rate Update PWLB rates have jumped 5–8bp across the curve at the AM reset, with the 10y now above 6% and the long end at fresh highs; the move is broad and driven by surging global yields amid…
  • 11:29 Morning PWLB Predictions PM RESET PREVIEW — Gilt yields are modestly lower across the curve (-3 to -4bp); expect a small downward adjustment at the 12:30 PWLB reset. Yields are down 3–4bp at all key tenors so far…
  • 12:51 Afternoon Rate Update ⚠ RATE ALERT — Broad PWLB rate cuts of 4–6bp at the PM fix, led by persistent energy market volatility and central bank signals. PWLB fixed rates at the 12:34 PM reset fell by 4–6bp across…
  • 17:10 End of Day Wrap-Up UK gilt yields declined across the curve today, leading to a parallel fall in PWLB rates at all maturities. GILT MOVE SUMMARY → 1y: 4.331% (-10bp) — front-end led the decline. → 5y: 4.523%…
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