United Kingdom 10Y Bond Yield was 4.81 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. UK 10 Year Gilt Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

The total market size of gilts in the United Kingdom (UK) amounted to approximately 2.6 trillion British pounds as of December 2024. The majority of gilts in the UK are made up of conventional (nominal) gilts which are as defined by the United Kingdom Debt Management Office as "A conventional gilt is a liability of the Government which guarantees to pay the holder of the gilt a fixed cash payment (coupon) every six months until the maturity date, at which point the holder receives the final coupon payment and the return of the principal. The prices of conventional gilts are quoted in terms of £100 nominal. However, they can be traded in units as small as a penny."

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United Kingdom (IRLTLT01GBQ156N) from Q1 1960 to Q4 2024 about long-term, 10-year, United Kingdom, bonds, yield, government, interest rate, interest, and rate.

UK gilt bond yields mostly decreased between October 2023 and October 2024. For instance, the 1-year bond yield dropped from 5.18 percent to 4.42 percent, and the 30-year yield fell from 4.93 percent to 4.68 percent. The decline in yields was consistent across both short- and long-term maturities during this period.

United Kingdom 30-Year Treasury Gilt Auction Bond Yield was 5.37 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. United Kingdom 30-Year Treasury Gilt Auction - values, historical data, forecasts and news - updated on March of 2025.

As of December 2024, all United Kingdom government debt securities were returning positive yields, regardless of maturity. This places the yield of both UK short term bonds and long term bonds above that of major countries like Germany, France and Japan, but lower than the United States. What are government bonds? Government bonds are debt instruments where a certain amount of money is given to the issuer, in exchange for regular payments of interest over a fixed period. At the end of this period the issuer then returns the amount in full. Bonds differ from a regular loan through how they can be traded on financial markets once issued. This ability to trade bonds makes it more complex to measure the return investors receive from bonds, as the price they buy a bond for on the market may differ from the price the same bond was initially issued at. The yield is therefore calculated as what investors can expect to receive based on current market prices paid for the bond, not the value it was issued at. In total, UK government debt amounted to over 2.4 trillion British pounds in 2023 – with the majority being comprised of different types of UK government bonds. Why are inverted yield curves important? UK government bond yields over recent years have taken on a typical shape, with short term bonds having a lower yield than bonds with a maturity of 10 to 20 years. The higher yield of longer-term bonds compensates investors for the higher level of uncertainty in the future. However, if investors are sufficiently worried about both a short term economic decline, and low long term growth, they may prefer to purchase short term bonds in order to secure assets with regular interest payments in the here and now (as opposed to shares, which can lose a lot of value in a short time). This can lead to an inverted yield curve, where shorter term debt has a higher yield. Inverted yield curves are generally seen as a reliable indicator of a recession, with inverted yields occurring before most recent U.S. recessions. The major exception to this is the recession from the coronavirus pandemic – but even then, U.S. yield curves came perilously close to being inverted in mid-2019.

The average yearly yield of UK 10-year government bonds has shown a significant downward trend from 1990 to 2023. Starting at nearly 12 percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of 0.37 percent in 2020. After 2020, yields began to rise again, reflecting recent increases in interest rates and inflation expectations. This long-term decline indicates decreasing inflation and interest rates in Australia over the past decades, with recent economic conditions prompting a reversal in bond yields.

Prices for UK 20Y including live quotes, historical charts and news. UK 20Y was last updated by Trading Economics this March 27 of 2025.

United Kingdom 2Y Bond Yield was 4.27 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for UK 2Y.

As of December 30, 2024, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of 27.38 percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United States had one the highest yield on 10-year government bonds at this time with 4.59 percent, while Switzerland had the lowest at 0.27 percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

The monthly average yield on five, ten, and twenty-year nominal zero coupon British Government securities in the United Kingdom (UK) have all seen a continued decrease from December 2019 to July 2020. January 2021 saw a slight increase, progressing to October 2022 when yields reached a new high. At the end of December 2024, the monthly average yield of 20-year British Government Securities stood at 4.65 percent.

United Kingdom Govt Secs: Gross Issuance: Market Value: Index Linked Gilts data was reported at 664.784 GBP mn in Mar 2018. This records an increase from the previous number of 656.350 GBP mn for Dec 2017. United Kingdom Govt Secs: Gross Issuance: Market Value: Index Linked Gilts data is updated quarterly, averaging 267.695 GBP mn from Mar 2004 (Median) to Mar 2018, with 57 observations. The data reached an all-time high of 664.784 GBP mn in Mar 2018 and a record low of 88.432 GBP mn in Mar 2004. United Kingdom Govt Secs: Gross Issuance: Market Value: Index Linked Gilts data remains active status in CEIC and is reported by Debt Management Office. The data is categorized under Global Database’s UK – Table UK.Z016: Debt Management Office: Debt Securities Statistics.

Prices for UK 6M including live quotes, historical charts and news. UK 6M was last updated by Trading Economics this March 27 of 2025.

US 10 Year Note Bond Yield was 4.34 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. US 10 Year Treasury Bond Note Yield - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Slaughter Barrows and Gilts (WPU01320199) from Dec 1991 to Feb 2025 about hogs, slaughter, livestock, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

Prices for UK 5Y including live quotes, historical charts and news. UK 5Y was last updated by Trading Economics this March 27 of 2025.

Prices for UK 3M including live quotes, historical charts and news. UK 3M was last updated by Trading Economics this March 26 of 2025.

United Kingdom Gilt Repo Rate: General Collateral: Monthly Average: 3 Months data was reported at 0.568 % pa in Jun 2018. This records an increase from the previous number of 0.539 % pa for May 2018. United Kingdom Gilt Repo Rate: General Collateral: Monthly Average: 3 Months data is updated monthly, averaging 3.857 % pa from Jan 1996 (Median) to Jun 2018, with 270 observations. The data reached an all-time high of 7.470 % pa in Jul 1998 and a record low of 0.259 % pa in Aug 2017. United Kingdom Gilt Repo Rate: General Collateral: Monthly Average: 3 Months data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.M011: Gilt Repo Rate.

UK 20 Year Bond Yield was 5.30 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for UK 20Y.

Gilts are bonds issued by the UK Government (HM Treasury) and listed on the London Stock Exchange. The gross value of government bonds issued has been forecast to total a value of 277.7 billion British pounds in 2024.