30 July 2026, 10:58 United Kingdom: Gilt Yield Holds Above 5% Ahead of BoE Decision.
The UK 10-year gilt yield was little changed at 5.04% on Thursday, hovering near the two-month high reached last week as investors awaited the Bank of England's policy decision. While the BoE is widely expected to keep interest rates unchanged, markets will focus on the voting split and any signals on the future policy outlook. Meanwhile, renewed US airstrikes on Iran in response to attacks on American forces across the Middle East lifted oil prices and dampened risk appetite. The Federal Reserve also added to market uncertainty on Wednesday by leaving interest rates unchanged, despite three FOMC members dissenting in favor of a rate hike.
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