PWLB briefings
12 May 2026
Every PWLB briefing published on 12 May 2026 — 4 updates, in full.
- Morning Rate Update PWLB rates have surged across the curve at the AM reset, with 10–12bp increases at all key maturities as UK government borrowing costs jump sharply. ⚠ VOLATILITY ALERT — PWLB AM rates reset…
- Morning PWLB Predictions ⚠ RATE ALERT — Gilt yields are up sharply across the curve (+8–10bp), with political uncertainty and Middle East tensions driving the move. Gilt yields are up 8–10bp at all key tenors so…
- Afternoon Rate Update PM NOTICE SUMMARY — PWLB rates nudged 1–2bp lower across the curve at the 12:28 reset; moves remain modest given recent volatility. PWLB fixed rates at the 12:28 PM set are down 1–2bp…
- End of Day Wrap-Up UK gilt yields rose sharply across the curve today, driving a modest decline in PWLB rates at the afternoon fixing despite the underlying market move. GILT MOVE SUMMARY → 2y: 4.532% (+7bp)…