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14 October 2026

NIESR: Why Have Gilt Yields Risen So Much This Year, And Is This A Return To The Old Normal?

  • Gilt yields have risen sharply since the Iran war began. The 10-year yield is up 113 bps to 5.48 per cent, its highest level since 2007. A rise this large over seven months has occurred only five times since 1992. It is not UK-specific: US 10-year yields are up 125 bps and German yields ...
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