Yields climbs as MPC members back forward guidance

clock

Yields on ten-year gilts rose this morning after the minutes from the last meeting of the Bank of England's Monetary Policy Committee (MPC) showed the majority of members backed new governor Mark Carney's move to provide forward guidance on interest rates.

The yield on ten-year gilts rose 3.2 basis points to 2.63%. The pound was also up 0.4% against the dollar and 0.3% against the euro shortly after the announcement. The yields, along with the Ste...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Investing in a ruptured world requires compensation for risk

Partner Insight: Investing in a ruptured world requires compensation for risk

A global economic outlook for fractured alliances, fiscal strain, and massive-scale AI investment could drive divergent possibilities – and reward diversified, high quality fixed income and credit strategies.

PIMCO
clock 19 June 2026 • 12 min read
Motive Partners buys Mobius from Phoenix Equity Partners

Motive Partners buys Mobius from Phoenix Equity Partners

Deal aims to accelerate development of Mobius’ platform and capabilities

Jonathan Stapleton
clock 12 June 2026 • 3 min read
Standard Life rebrands institutional investment platform

Standard Life rebrands institutional investment platform

Move comes as UK pensions market undergoes ‘significant structural change’

Jonathan Stapleton
clock 08 June 2026 • 2 min read
Trustpilot