UK Gilt Yields Rise Modestly After Budget, Market Remains Calm

Yields on UK government bonds (gilts) rose moderately following Wednesday’s budget, with 10-year yields up 3.5 basis points to 4.459%, though still below pre-budget levels. Analysts note that while some budget measures were backloaded, the overall package—including a £22 billion fiscal buffer—eased market concerns, keeping investors relatively calm.

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