Gilt yields soar past Mini Budget levels on UK wage growth jump

Up 0.38 percentage points to 4.85%

Valeria Martinez
clock • 2 min read
Gilt yields soar past Mini Budget levels on UK wage growth jump

Short-term gilt yields have soared above levels seen in the wake of Liz Truss’ Mini Budget following the largest wage growth rate seen outside the coronavirus pandemic.

Two-year gilts rose 0.38 percentage points to 4.85%, according to data from MarketWatch, past the 4.64% peak last seen in the aftermath of the Mini Budget on 27 September.  Longer-dated gilts ha...

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 Industry

Inflation picture becomes 'increasingly ugly'

Inflation picture becomes 'increasingly ugly'

Bank of England cut unlikely

Linus Uhlig
clock 17 September 2025 • 2 min read
News Digest: State pension likely to rise by 4.7% next year

News Digest: State pension likely to rise by 4.7% next year

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 September 2025 • 1 min read
IFoA makes series of recommendations to boost outcomes and create 'inclusive' pension system

IFoA makes series of recommendations to boost outcomes and create 'inclusive' pension system

The organisation said ‘persistent’ pension gaps need to be closed

Holly Roach
clock 16 September 2025 • 4 min read
Trustpilot