Skip to main content

Will the UK join the negative yield club?

Gilt yields at the short end of the curve reached a new record low today and currently stand only a whisker above zero. If concerns about UK banks build, or if official interest rates fall further than markets expect, then we see no reason why the UK cannot join the group of six other European countries where investors are already prepared to pay the government to look after their money.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.