UK gilt yields projected to climb to 4.65% by year-end

Pantheon Macroeconomics expects UK 10-year gilt yields to rise toward 4.65% by late 2025 as markets digest the country’s autumn budget and shifting fiscal expectations. Analysts pointed to stronger issuance, persistent service-sector inflation and uncertainties around Bank of England timing as key drivers. The forecast reflects tightening financial conditions amid a volatile global bond environment.