Historic Rise in UK 30-Year Gilt Yield

Following the implementation of US President Donald Trump's tariffs, the yield on the United Kingdom's long-term government bonds, known as gilts, experienced a significant surge. The 30-year gilt yield reached its highest level since 1998, marking a historic moment in the financial markets.

Investor Optimism and Government Efforts

British Chancellor Rachel Reeves highlighted the UK government's commitment to reducing trade barriers and securing a trade deal with the US. This announcement has fueled investor optimism, contributing to the dramatic shifts in gilt yields.

Detailed Yield Changes

30-Year Gilt: The yield jumped by 14.7 basis points to 5.500% at 9:25 am CET.
10-Year Gilt: The yield rose by 7.6 basis points to 4.695% at 9:27 am CET.
2-Year Gilt: The yield dropped by 8.7 basis points to 3.874% at 9:28 am CET.