UK Market Monitor Q4 2023

Both Real and Nominal gilt yields decreased across all tenors. The nominal curve has dropped by almost one point percent, whereas the real curve by c.50bps.

Commensurate with this, inflation expectations fell across the curve by c.50bps. The Bank of England did not change the base rate over the quarter. This was in line with market expectations.

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UK Market Monitor Q2 2026

Over the quarter, the nominal gilt yield curve shifted lower, falling by approximately 15 basis points (bps) at the short end and around 5bps at the long end.

UK Market Monitor Q1 2026

Over the quarter, the nominal gilt curve has shifted up by around 50 basis points (0.50%) on average across all maturities.

UK Market Monitor Q4 2025

Over the quarter, the nominal gilt curve has shifted down by around 25 basis points across the medium to longer maturities.

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