Investors bid up gilts ahead of the Bank of England rate decision as markets broadly expect a hold at 3.75%. The US Federal Reserve earlier left rates unchanged. Traders also cite higher oil prices and elevated inflation risks. The 10-year gilt yield rose 1.4bps to 5.033%.

2026-07-30

Investors bid up gilts ahead of the Bank of England rate decision as markets broadly expect a hold at 3.75%. The US Federal Reserve earlier left rates unchanged. Traders also cite higher oil prices and elevated inflation risks. The 10-year gilt yield rose 1.4bps to 5.033%.