U.K. 30-Year Gilt Yields Surge After Wednesday's Fed Rate Decision -- Market Talk

0859 GMT - Yields on U.K. 30-year government bonds, or gilts, climb to a one-week high, tracking a sharp rise in U.S. 30-year Treasury yields following Wednesday's decision by the U.S. Federal Reserve where interest rates were left on hold. The Fed did not provide guidance on possible moves at future meetings, which raiseduncertainty. The surge in long-dated yields is "a long-end protest against uncertainty, inflation risk and the sense that the Fed is comfortable letting market rates do some of the tightening," Tickmill Group's Patrick Munnelly says in a note. U.K. 30-year gilt yields are up 4 basis points to last trade at 5.755%, having hit a one-week high of 5.759% earlier in the session, Tradeweb data show. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

July 30, 2026 04:59 ET (08:59 GMT)