PWLB briefings
5 May 2026
Every PWLB briefing published on 5 May 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates have nudged higher by 1–2bp across the curve at the AM reset, with no material divergence between short and long maturities. NOTICE SUMMARY — PWLB fixed rates are up 1–2bp at the…
- Morning PWLB Predictions ⚠ RATE ALERT — Gilt yields are up sharply across the curve (+5–9bp), with the 10y and 15y both +8bp; no single clear driver stands out. Gilt yields are notably higher this morning, pointing…
- Afternoon Rate Update ⚠ RATE ALERT — PWLB rates rose 2–4bp across the curve at the PM reset, with the largest move at 25y (+4bp); moves reflect ongoing upward pressure in long-dated gilts amid inflation…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving PWLB rates higher and pushing long-term borrowing costs to multi-decade highs. GILT MOVE SUMMARY → 2y: 4.513% (+11bp) — front-end…