PWLB briefings
11 May 2026
Every PWLB briefing published on 11 May 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates reset sharply higher this morning, with 5–8bp increases across the curve as Middle East tensions and surging oil prices drive a pronounced move. ⚠ RATE ALERT — PWLB AM fix: rates…
- Morning PWLB Predictions ⚠ RATE ALERT — Gilt yields are up 5–6bp across the curve this morning, with the move led by the long end amid ongoing geopolitical and inflation concerns. Gilt yields are notably higher so…
- Afternoon Rate Update ⚠ RATE ALERT — PWLB fixed rates rose 2–4bp across the curve at the PM reset, with the largest move (+4bp) at 40 years, as gilt yields climbed amid renewed political and inflation concerns…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, leading to a corresponding increase in PWLB rates and higher borrowing costs for local authorities. GILT MOVE SUMMARY → 2y: 4.459% (+8bp)…