Investment banks expect UK borrowing costs to fall further in 2026
Gilts will outshine global peers, helped by BoE rate cuts, Wall Street lenders predict
Gilts will outshine global peers, helped by BoE rate cuts, Wall Street lenders predict

Yields on 30-year gilts hit 28-year high on expectations BoE will raise rates two or three times to counter inflation threat

Rate cut bets and easing tensions over government borrowing fuel gilts rally

Idea long pursued by banking sector lobbyists faces opposition from regulators

Gilts sell off after government ditches plan to increase income tax rates

Ten-year gilt yield rises to 4.94% as borrowing numbers add to concerns over energy price surge

Big banks forecast £247bn of gilt issuance in coming fiscal year amid chancellor’s drive to rein in borrowing