empty
 
 

2026.06.2907:58:51UTC+00UK Gilt Yields Slightly Up as Burnham’s Economic Stance Awaited

UK 10-year gilt yields climbed toward 4.75%, rebounding from two-month lows, as investors awaited Andy Burnham’s speech for clues on his economic agenda. Burnham, the only declared candidate to succeed Keir Starmer, is expected to call for expansionary fiscal policies following his return to Westminster. Markets are also weighing the implications of an interim US-Iran peace agreement and evolving interest rate expectations in both the UK and the US. The reopening of the Strait of Hormuz has pushed oil prices and inflation expectations lower, leading investors to scale back wagers on additional Bank of England rate hikes. At the same time, Fed Chair Kevin Warsh’s hawkish stance has reinforced expectations of US rate increases later this year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback