15 January 2025 UK Monitor Gilt yields will fall, but difficult fiscal decisions await
13th Jan 2025 18:47UKDaily Monitor
- Surging gilt yields have been driven mainly by a global repricing, rather than idiosyncratic UK sovereign risk.
- We expect gilt yields to fall during 2025 as the MPC cuts interest rates and fiscal worries fade.
- The Chancellor will plan for weaker public spending to offset higher debt interest costs.
Are you taking full advantage of our daily publications?
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
