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2025-10-30 22:51:40
UK gilt yields rose as markets lowered their expectations for a US rate cut. UK government bond yields climbed, following similar moves in the US, as markets lowered their expectations for a US rate cut after Federal Reserve Chairman Jerome Powell indicated that another December rate cut was not a certainty. Meanwhile, the European Central Bank kept interest rates unchanged as expected on Thursday, emphasizing the recent resilience of the eurozone economy despite uncertainty. Tradeweb data showed that the 10-year UK gilt yield rose 3.5 basis points to 4.430%. The 10-year US Treasury yield rose by roughly the same amount to 4.095%.
