Ten-Year Gilt Yields Hit 6.5-Month High as Oil Prices Surge -- Market Talk
Dow Jones03-19 16:24
0824 GMT - Yields on U.K. 10-year government bonds climb to a 6.5-month high amid inflation concerns as Brent crude oil futures rose 6.4% to $114.30 a barrel. The Bank of England is expected to leave interest rates on hold at 3.75% in a decision at 1200 GMT. However, investors are pricing in the risk of the U.K. central bank raising rates in the coming months due to fears that high energy costs will push up inflation. Ten-year gilt yields jumped to 4.835%, the highest level since September 2025, and last trade at 4.809%, up 6 basis points on the day, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 04:24 ET (08:24 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
