PWLB briefing

Morning PWLB Predictions

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PM RESET PREVIEW — Gilt yields are little changed across the curve; expect only minor adjustments at the 12:30 PWLB reset.

Little changed so far; predictions reflect small/no move.

GILTS SNAPSHOT

  • 2y: 4.088% (-2bp) — Modest front-end rally.
  • 10y: 4.698% (-1bp) — Belly slightly firmer.
  • 30y: 5.408% (unch) — Long end stable.

PWLB 12:30 RESET — PREDICTIONS

  • 1y: predicted 4.97% (+2bp from current)
  • 5y: predicted 5.27% (+2bp from current)
  • 10y: predicted 5.75% (+2bp from current)
  • 20y: predicted 6.29% (+2bp from current)
  • 30y: predicted 6.39% (+2bp from current)
  • 50y: predicted 6.18% (+2bp 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

Nothing further scheduled today.

NEXT 48 HOURS

  • Mon 09:30 — GBP Mortgage Approvals — Forecast: 65.4K

A steady morning in gilts; no surprises expected for the midday PWLB reset.

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 Fridays were this uneventful.

All briefings for 26 June 2026 · June 2026 archive · All PWLB briefings