Gilts set to glister

January was a tough month for UK gilts, in particular for benchmark 10-year bonds which have underperformed their German counterparts by as much as 20 basis points since late December.

The fall-back in gilts has seen the yield on 10-year debt rise to a semi-annualised 4.99%. On an annualised basis, 10-year gilts are now trading 20 basis points over Bunds. This is the top end of a 16-month trading period, which has seen the benchmark UK bond trade in a range of 22 basis points over to 15 basi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: