Oil Prices, U.S. Treasury Yields Likely to Dominate Gilt Market -- Market Talk

1150 GMT - Oil price movements and U.S. Treasury yields are likely to be the main drivers of U.K. government-bond yields in the near term, ING economists say in a note. "For every $10 increase in oil prices, gilt yields rise by some 10 basis points to 15 bps," they say. The gilt market could stay highly volatile due to these external factors, they say. Ten-year gilt yields fall 2.5 basis points to last trade at 5.346%, after hitting a 19-year high of 5.381% on Thursday, LSEG data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

September 11, 2026 07:50 ET (11:50 GMT)