We have revised down our forecasts for the 10-year Gilt yield in recognition of the fact that monetary policy in the UK is likely to be tightened even more gradually than we had previously anticipated. Our new end-2015 and end-2016 forecasts are 1.75% and 2.25%, respectively – reductions of 25bp each.
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:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services