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UK Government Bonds 10 YR YieldUK Government Bonds 10 YR YieldUK Government Bonds 10 YR Yield

UK Government Bonds 10 YR Yield

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GB10Y trade ideas

GB10Y UK GOVERNMENT 10 YEAR BOND YIELD The current Governor of the Bank of England is Andrew Bailey. Appointment: Andrew Bailey has served as Governor since March 16, 2020, and his term runs until March 15, 2028. Role: As Governor, he chairs the Monetary Policy Committee, Financial Policy Committee, and Prudential Regulation Committee. Background: Prior to his appointment as Governor, Bailey was Chief Executive Officer of the Financial Conduct Authority (FCA) and has held several senior roles within the Bank of England, including Deputy Governor for Prudential Regulation. Recent Activity: He remains active in shaping UK monetary policy and financial stability, and was recently nominated as the next Chair of the Financial Stability Board, beginning July 2025. Andrew Bailey continues to lead the Bank of England through significant economic and financial developments. Upcoming UK Economic Reports (July 13–17, 2025) Below is a schedule of major UK economic releases and events for the coming week, with local times (BST): Date Time (BST) Event July 13, Sun 06:00 AM Core Inflation Rate MoM July 13, Sun 06:00 AM Retail Price Index MoM July 13, Sun 06:00 AM Retail Price Index YoY July 14, Mon 12:00 PM NIESR Monthly GDP Tracker July 14, Mon 11:01 PM BRC Retail Sales Monitor YoY July 15, Tue 09:00 AM Treasury Stock 2032 Auction July 15, Tue 08:00 PM BoE Governor Andrew Bailey Speech July 16, Wed 06:00 AM Inflation Rate YoY July 16, Wed 06:00 AM Core Inflation Rate YoY July 16, Wed 06:00 AM Inflation Rate MoM July 16, Wed 06:00 AM Core Inflation Rate MoM July 16, Wed 06:00 AM Retail Price Index MoM July 16, Wed 06:00 AM Retail Price Index YoY July 16, Wed 09:00 AM Treasury Gilt 2034 Auction July 17, Thu 06:00 AM Unemployment Rate July 17, Thu 06:00 AM Average Earnings incl. Bonus (3Mo/Yr) July 17, Thu 06:00 AM Employment Change July 17, Thu 06:00 AM Average Earnings excl. Bonus (3Mo/Yr) July 17, Thu 06:00 AM HMRC Payrolls Change July 17, Thu 06:00 AM Claimant Count Change July 17, Thu 09:00 AM Treasury Gilt 2030 Auction Note: All times are in British Summer Time (BST). These events are subject to change based on official updates. Key releases include inflation data, labor market statistics, retail sales, and several government bond auctions. The Bank of England Governor's speech is also a major event for markets with price volatility . the UK 10-year gilt yield (UK10Y) is approximately 4.63%, having edged up 0.03 percentage points from the previous session. Over the past month, it has risen about 0.15 points and is 0.52 points higher than a year ago, reflecting persistent inflation concerns and expectations about Bank of England (BoE) monetary policy. Correlation Between UK10Y, UK10, and GBP Strength UK10Y Yield and GBP: The 10-year gilt yield is a key indicator of UK long-term borrowing costs and investor sentiment. Higher yields typically attract foreign capital seeking better returns, which tends to strengthen the British pound (GBP). Conversely, expectations of BoE rate cuts or economic weakness can pressure yields lower and weaken GBP. Recent Dynamics: Despite inflation remaining above 3%, the UK economy has shown signs of contraction (GDP shrinking 0.1% in May), prompting markets to price in an 80% chance of a BoE rate cut in August. This has led to some volatility in yields and GBP strength. The BoE’s policy rate has already been reduced from 5.25% to 4.25% over the past year, and further easing is anticipated, which can weigh on the GBP. UK10 (Shorter-Term Yields) vs. UK10Y: Shorter-term gilt yields (e.g., 2-year or 5-year) tend to be more sensitive to immediate BoE policy moves, while the 10-year yield reflects longer-term inflation and growth expectations. A steepening yield curve (rising long-term yields relative to short-term) can indicate confidence in economic recovery and support GBP. A flattening or inverted curve may signal caution and pressure GBP. GBP Strength Mixed; supported by higher yields but pressured by economic slowdown and easing expectations Yield Curve Moderately steep, reflecting growth/inflation expectations In essence: The UK 10-year gilt yield at 4.63% supports GBP strength by attracting yield-seeking capital, but the expected BoE rate cut and economic weakness introduce downside risks. The interplay between short- and long-term yields and BoE policy guidance will continue to influence GBP’s trade directional bias .
TVC:GB10YLong
by Shavyfxhub
UK GOVERNMENT 10 YEAR BOND PRICE GB10Relationship Between GB10 Price and GBP Strength Inverse Relationship: Bond prices and yields move inversely. When gilt yields rise (due to inflation concerns or expectations of tighter monetary policy), gilt prices fall. Conversely, if yields fall, prices rise. Impact on GBP: Higher UK gilt yields, reflecting higher interest rates or inflation expectations, tend to attract foreign capital seeking better returns. This supports demand for the British pound (GBP), strengthening the currency. However, if yields rise due to inflation fears without confidence in economic growth, or if rate cuts are expected, GBP strength may be limited. Current Market Context: The UK economy has shown signs of contraction, and markets are pricing in an 80% chance of a Bank of England rate cut in August 2025. This dynamic creates some volatility: Yields remain elevated (4.63%), supporting GBP. Expectations of easing may cap GBP gains and pressure gilt prices higher (yields lower). GBP Strength Supported by higher yields but tempered by expected BoE easing Market Drivers Inflation, economic contraction, BoE rate expectations Conclusion The current UK 10-year gilt price near 99.0 and yield around 4.63% reflect a market balancing inflation risks and economic slowdown. Elevated yields help support GBP strength by attracting yield-seeking investors, but the prospect of Bank of England rate cuts and economic weakness limit upside for the pound. #GBP #GB10 #GB10Y
TVC:GB10
by Shavyfxhub
GB10Y BRITISH GOVERNMENT 10 YEAR BOND YIELD.1. GBP 10-Year Bond Yield The UK 10-year gilt yield is currently around 4.54%, near its highest level since April 2025. This yield increase reflects sticky inflation pressures and market expectations about the Bank of England’s (BoE) monetary policy stance. 2. Bank of England Interest Rate Decision The BoE held its official Bank Rate steady at 4.25% in June 2025, with a 6-3 vote in favor of maintaining rates. Inflation remains above target at 3.4% (May 2025), but there is evidence of easing price pressures in services and wages. The BoE signaled that rate cuts could resume later in 2025, possibly starting in August, depending on inflation and labor market developments. The central bank continues a cautious, gradual approach to withdrawing monetary policy restraint while monitoring inflation risks. 3. Impact on GBP Strength Higher UK bond yields relative to other major economies support the British Pound by attracting foreign capital seeking better returns. The decision to keep rates steady amid sticky inflation has helped maintain GBP strength near multi-year highs against the US dollar (around 1.34–1.35). Market expectations of future rate cuts may cap further GBP gains but the current yield environment supports a relatively strong pound. Geopolitical risks (e.g., Middle East tensions) and global economic uncertainties remain factors that could influence GBP volatility. Conclusion The GBP 10-year gilt yield near 4.5% combined with the BoE’s decision to hold rates at 4.25% supports the British Pound’s relative strength in mid-2025. While inflation remains above target, signs of easing price pressures and a cautious BoE stance suggest rate cuts could begin later this year, which may moderate further GBP appreciation. Overall, the bond yield and interest rate decision interplay is a key driver of GBP performance amid ongoing economic and geopolitical uncertainties.
TVC:GB10YLong
by Shavyfxhub
UK GOVERMENT 10 YEAR BOND YIELD The correlation between the UK 10-year gilt yield (GB10Y) and GBP currency strength is nuanced and influenced by multiple factors, as of May 2025: Key Points on GB10Y and GBP Strength Correlation The UK 10-year gilt yield recently rose to 4.77%, its highest since April 2025, driven by hotter-than-expected inflation data (CPI at 3.5% YoY, above forecasts) and reduced market expectations for Bank of England (BoE) rate cuts this year. Typically, higher gilt yields attract foreign investment, increasing demand for GBP as investors buy sterling to purchase gilts, which tends to support GBP strength. However, in early 2025, despite rising gilt yields (reaching 4.82% in January), the GBP weakened significantly against the USD, falling to a 14-month low. This divergence occurred because high gilt yields also signaled economic difficulties such as fiscal instability, higher borrowing needs, and inflation concerns, which weighed on sterling. Thus, high gilt yields can have a dual effect: Positively, by attracting yield-seeking capital inflows supporting GBP. Negatively, by reflecting underlying economic or fiscal stress that undermines confidence in GBP. Market reaction depends on which effect dominates. For example, if rising yields are driven by strong economic growth and tighter monetary policy, GBP tends to strengthen. If yields rise due to fiscal concerns or inflation fears, GBP may weaken despite higher yields. Analysts note that the recent rise in gilt yields has been partly influenced by global factors (e.g., US Treasury yields) but also UK-specific inflation and fiscal issues. The UK/US 10-year yield spread is also important: a widening spread (UK yields rising faster than US yields) tends to support GBP/USD appreciation, signaling relative UK economic strength. Overall, the correlation between GB10Y and GBP is positive but not perfect and can be overridden by economic fundamentals, fiscal outlook, and geopolitical risks. Summary Table Factor Impact on GBP Strength Explanation Rising GB10Y due to strong economy Supports GBP Attracts foreign capital inflows Rising GB10Y due to fiscal/inflation concerns Weakens GBP Signals economic/fiscal stress UK/US 10Y yield spread widening Supports GBP Indicates relative UK economic outperformance Global risk-off environment Can weaken GBP despite yields Safe-haven flows favor USD or other currencies Conclusion While rising UK 10-year gilt yields generally support GBP strength by attracting investment, this relationship is conditional. If higher yields reflect inflation or fiscal instability, GBP may weaken despite rising yields. Traders and investors closely monitor inflation data, BoE policy signals, and the UK/US yield spread to gauge the net effect on GBP. Here’s a direct comparison of the latest available 10-year government bond yields for JPY (Japan), GBP (UK), AUD (Australia), and USD (United States): Country/Currency 10-Year Bond Yield (%) Notes United States (USD) 4.54 Yields rising amid fiscal concerns, global bond sell-off. United Kingdom (GBP) 4.77 Highest among the group; inflation data above forecasts, BoE cautious. Australia (AUD) 4.53 Yield up after RBA rate cut; mirrors US yield trends. Japan (JPY) 1.52 Yield at highest in over a month, but still much lower than peers. Key Insights GBP (UK) has the best performance on bond yield today, with the 10-year gilt at 4.77%. USD (US) and AUD (Australia) yields are close, at 4.54% and 4.53% respectively. JPY (Japan) lags far behind, with a 10-year yield of 1.52%. Conclusion: On May 21, 2025, the UK’s 10-year bond yield is the highest among GBP, JPY, AUD, and USD, making GBP the top performer in terms of government bond yield today
TVC:GB10YLong
by Shavyfxhub
Market Update: UK 10Y Yields Back on Nov 4th, we highlighted a potential triangle pattern on UK 10Y yields. 📈 At the time, we noted that a weekly close above 4.75% would complete the pattern, offering a potential longer-term upside target of 6.6%. Last week, we got a weekly close above 4.75%! While a monthly close would strengthen the case, for now, as long as yields stay above 4.50%, I'm leaning into this scenario. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:GB10YLong
by The_STA
UK 10-Year Gilt Yield Update The UK 10-year gilt yield is showing a potentially interesting setup on the chart! A symmetrical triangle pattern appears to be forming, and a weekly close above 4.75% could confirm this formation, with a longer-term target up to 6.60%. Recently, yields surged to 4.51%, the highest in a year, following reactions to the Labour government’s first budget. Key highlights include: • 📈 £28 billion in increased borrowing per year across parliament. • 💰 £297 billion in bond sales this fiscal year—second largest on record. • 💸 £40 billion in new tax hikes, aimed at boosting funding for public services and covering a £22 billion fiscal gap. The Office for Budget Responsibility adjusted GDP growth forecasts up to 1.1% for this year but revised down to 2% for 2025. Meanwhile, inflation is projected to average 2.5% in 2024, peaking at 2.6% in 2025, then easing to 2% by 2029. The Bank of England is still expected to cut rates by 25bps this week, though traders now anticipate three quarter-point cuts by 2025's end (down from five last week). Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:GB10Y
by The_STA
GB10Y vs GBP/USD #gilts #gbp #recessionThe 10 Year gilt vs the GBP. Fractal taken from 2007 just before the 2008 recession. interest rates are expecting to keep raising! why this chart indicates they are coming to the end of the tightening cycle! as mentioned before I'm expecting more strength in the pound due to weakness in the dollar. Expecting the BOE to pause rate hikes next meeting after the aggressive 50 bpts increase. GBP strength would relieve pressure from BOE and we should see inflation drop. possible we see more banking contagion and possible further hike's if inflation doesn't drop fast enough. but how long can they tighten for? before revenue loss exceeds Debt. credit will be way more expensive, mortgage demand drops. - this would cause a pull back in the housing market, this is when I would expect the fed to crash rates, to support crashing market's and the BOE to follow suite. going off this chart 2007 fractal - by April 2024 we should see GBY10 back down too 2%. which mean's the fed must of cut real rates by then in order to see BOE follow their policy. bad for pension's as real inflation will be much higher than 2%. but would create much more liquidity for market's and cheaper debt for growth. more revenue to the service the mountain of debt, in order to strengthen GDP.
TVC:GB10Y
by dibz1996
Significant divergence of the daily RSI on the UK 10Y yieldPrice action depicts a loss of upside momentum and implies that the market is likely to ease back short term Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:GB10Y
by The_STA
GB10Y - UK pensions at risk? update. #BOE #recession"The Bank of England has hiked interest rates to 5 per cent in a further blow to homeowners struggling with spiralling mortgage costs. The rise, up from 4.5 per cent, is the sharpest increase since February – surprising economists who had been expecting a smaller increase of 0.25 percentage points – and sends interest rates to their highest level in 15 years! The move is set to deepen the mortgage crisis as borrowing costs rose for the 13th time in a row in an effort to curb inflation." *Fractal taken from 2007 high for the GB10Y - Gilt/Bond, reaching similar level's before reversing back down. I would expect the same to happen going forward. inflation is way above current interest rates, with the BOE stuck between banking crisis or a recession. I believe we'll see both! - Banking crisis, potential bail out's - expanding the currency supply further which will create more inflation! Pension's will continue too loose value, as bank of England will not be able to raise rates high enough to match inflation. "It comes as the rate of inflation remains unexpectedly stubborn – frozen at 8.7 per cent in May. Analysts had expected the Consumer Prices Index, which peaked at 11.1 per cent in October last year, to fall back to 8.4 per cent." What does this mean for the value of the pound? I'm actually expecting more strength in the GBP - purely from the weakness of the dollar. I would expect the fed to continue to pause now that inflation is finally dropping. FedNow expected to launch on the 1st of July, this will enable faster payment's and a surplus of dollars entering the markets if needed. again weaken's the purchasing power of the DXY - by adding more supply to the currency.
TVC:GB10YShort
by dibz1996
British yields above resistance levelVery simple chart showing parallel channel of the UK bond market trending down since the 1980s with the yellow line at 4.2% seeming to be a key line of historic resistance. Back in October 2022 the UK bond market had a severe problem which ultimately led to the resignation of the Prime Minister Liz Truss. The issue was causing pension funds to experience extreme financial stress. The Bank of England had to come to the rescue and buy Gilts. The level we are at now on this 10 year yield is nearly the same.
TVC:GB10Y
by MrAndroid
GB10Y - pensions at risk?Here show similarities of 2007, before the 2008 financial collapse! both show reaching their peak, pulling back then heading towards retracement level's. 2007 couldn't hold the 0.702 retracement, bond price reversed and took out the low's. 23/05/23. today we are heading for the same scenario! will be waiting to see if we can break and hold the 0.702, if not then I would expect the same pattern to play out. this would weaken pension's, the value of the pound and cause liquidity issues. BOE already said back in October 2022, that they would step in and double there purchase's, but this would be the last time. expecting more strength in the pound on the shorter timeframe, if we see another leg down from the DXY (US Dollar). Debt ceiling coming up June 1st. i think its likely they'll raise the debt ceiling. this will create more liquidity, plus inflation will start to creep up. may see more banking liquidity issue's banks balance sheets will be heavily leveraged in bonds/gilts. Uk may need to keep raising rate's against the falling pound. united states will have extra liquidity to bail out banks. (if they raise the debt ceiling) this is when i would expect stag-flation to occur, combination of pausing rate hike's, whilst also creating extra liquidity to support failing banks. interesting times ahead, will be looking at these resistance level's as an indication on what come's next for the pound!
TVC:GB10Y
by dibz1996
British bonds smell of fried! Something bad is happening in the state market. bonds of England - these papers have been actively sold over the past month. During this period, the yield on them increased by as much as 1%. Because of this, we see how the market is already beginning to arrive in some kind of stress: the dollar index is growing, other bonds of developed countries are also being sold, because of this stress, gold also gets it, as central banks are forced to sell off reserves in order to support the nat. currencies and the bond market. Something suggests that panic-sells in risky assets may begin on the market very soon. This will hit equities hard and likely hit crypto hard too. Friends, it’s worth tying up with longs for now, and it’s even better to fix them in profit out of harm’s way. Clouds are gathering over risky assets, prepare umbrellas and shorts, a storm is coming!
TVC:GB10YShort
by Dorado_Crypto
#UK 10Y Yield tests it 200-day maYet another example of a market mean reverting to its long term 200-day ma at 3.13 and attempting to stabilise. We have seen SVB collapse and UBS take over Credit Suisse and during this market turmoil, as at other times, we are likely to see markets mean revert to their long term moving averages - particular attention should be paid to the 200 and 55 week moving averages. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:GB10Y
by The_STA
Upside pressure for UK yields remains apparentRemember upside pressure for UK 10Y yield implies downside pressure still for UK gilts...... Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
TVC:GB10YLong
by The_STA
UK GILTs 10Y yield could surprise to the upside 5.5%<6.0%The GILTs yield curve has been stabilised by the Bank of England's stealth intervention in the GILTs market. However, this intervention in open markets would not last definitively, and the Bank of England had already announced its winding down of GILTs purchases. Going forward, CPI and CORE Inflation in the UK economy are going to be slightly higher for longer compared to other G7 and G10 countries, considering the consistent Trade Balance deficits that the UK operates with, which compounds with multiyear Pound depreciation, that could make much difficult for the Bank of England to see CPI and CORE Inflation converging down to 2.0%<2.5%. Thereby, large Investment Funds would require a much higher Yield and coupons on GILTS issuances to discount CPI and CORE Inflation in the UK, even UK Investment Funds would rather take a 5.5%<6.0% Yield on a 10Y GILT rather than 3.5% Yield. GILTS Yield curve could be due for another Shock and Awe market volatility period, and a 5.5%<6.0% Yield spike could be necessary before the YIELD curve would steadily drift down.
TVC:GB10Y
by UnknownUnicorn27566687
UK 10y GILT will be dumped to 0.75 cents on the $1 dollarThe UK Sovereign Debt market could be on the verge of a huge financial crisis, with large Investment Funds dumping UK GILTs. The price/volume trendline prices below the IKH Senkou, that it's a technical signal of a downtrend, as in fact, only an emergency BoE intervention has temporarily stabilized the GILTs market. Large Investment Fund Creditors to the UK have already priced in higher Yields, considering the risks to UK financial stability and solvency of its banking and Private Pension Fund industry. GB banks and private pension funds have been for sometime tethering on the edge of insolvency due to scarce reserves, low liquidity, leveraged investment in illiquid financial instruments, these are going to spark a liquidity crisis for GB banks and Private Pension funds that are going to be forced to dump UK GILTs. Most probably UK Credit markets are going to collapse into a financial crisis, that will see UK GILTs sell off very hard.
TVC:GB10Short
by UnknownUnicorn27566687
UK Warning Sirens to Global Financial MarketsUK is a warning signal for everyone. This is what happens when central banks attempt to pivot in the current inflationary environment. The Global Lehman event accelerated after the September U.S. CPI, but was paused by BOE temporary intervention. Next U.S. CPI follows the end of BOE intervention. A Lehman crash now equals approx -60% in GDOW/SPX. The softer each step is down, and no sign of capitulation, the worst final low will be. Will the US be a safe-haven from a global financial crisis? If you believe central bankers can unring the bells, now is the time to go ALL-IN.
TVC:GB10YShort
by shri30389