Skip to main content

BoE policy may ultimately lead to a steeper UK yield curve

The yield of 10-year Gilts fell after the Bank of England kept its policy settings and forward guidance unchanged at its meeting today. However, we suspect that if the Bank continues to look through strong growth and activity data, investors may start to anticipate higher inflation further ahead in time, causing long-term Gilt yields to rise and the yield curve to steepen.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access