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Economy/UK 10Y
Rates & CurveUpdated with every release

United Kingdom 10-Year Government Bond Yield

The nominal par yield on 10-year UK government bonds (gilts) from the Bank of England's daily yield-curve estimates, the benchmark long rate for sterling markets. Daily since January 1982; OECD monthly long-term rates extend the history back to 1960.

UK 10YReleased 2026-10-05covers 2026-10-05
5.42%
▲ from 5.35%

United Kingdom 10-year yield (%)

1-year change (pp)
+0.67 pp
All-time high 16.34% (1981-10)
All-time low 0.11% (2020-08)
Since 1960
Observations 11,577

Latest reading

As of October 5, 2026, UK 10Y (United Kingdom 10-year yield (%)) stands at 5.42% — up from 5.35% the prior reading, 10.92 pp below the October 1, 1981 record of 16.34%. Gilt yields spiked in September 2022 around the "mini-budget" pension-fund episode and have since traded at the high end of the developed-market range. Read the level against the US 10-year for the sterling rate differential and against its own history for how unusual the current era is: the UK ran double-digit long rates through the 1970s and 1980s, so its full-history percentile is lower than its post-2000 rank. Series history runs from 1960 to present.

Sources, methodology & freshnessBank of England, nominal par gilt yield 10 years (IUDMNZC), daily; OECD long-term rate via FRED (IRLTLT01GBM156N) before Jan 1982 · Daily, with every releaseData as of 2026-10-05 · Open ↓
Source
Bank of England, nominal par gilt yield 10 years (IUDMNZC), daily; OECD long-term rate via FRED (IRLTLT01GBM156N) before Jan 1982
Methodology
Complete daily history, charted by the period each reading covers, with no smoothing or adjustment beyond what the chart legend states
Updates
Daily, with every releaseData as of 2026-10-05Site refreshed 2026-10-07
Maintained & reviewed by Yuriy Matso — methodology shown on the page.
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Full history

Range:

Yield (%)

United Kingdom 10-year yield (%)SPY price (right, since 1993)

1-year change

The yield minus its level one year earlier, in percentage points — the pace of repricing rather than the level.

1-year change (pp)SPY price (right, since 1993)Zero line
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Methodology & data

UK 10Y is sourced from Bank of England via the Federal Reserve's FRED service (Bank of England, nominal par gilt yield 10 years (IUDMNZC), daily; OECD long-term rate via FRED (IRLTLT01GBM156N) before Jan 1982). We pull the complete history, chart it on a daily basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Readings are dated by the period they cover. Latest observation 2026-10-05; site refreshed 2026-10-07. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.

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Frequently asked questions

What is the United Kingdom 10-Year Government Bond Yield?

The nominal par yield on 10-year UK government bonds (gilts) from the Bank of England's daily yield-curve estimates, the benchmark long rate for sterling markets. Daily since January 1982; OECD monthly long-term rates extend the history back to 1960.

How do you read UK 10Y?

Gilt yields spiked in September 2022 around the "mini-budget" pension-fund episode and have since traded at the high end of the developed-market range. Read the level against the US 10-year for the sterling rate differential and against its own history for how unusual the current era is: the UK ran double-digit long rates through the 1970s and 1980s, so its full-history percentile is lower than its post-2000 rank.

Where does the UK 10Y data come from?

Bank of England, nominal par gilt yield 10 years (IUDMNZC), daily; OECD long-term rate via FRED (IRLTLT01GBM156N) before Jan 1982. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/uk-10-year-yield.csv.

How often is UK 10Y updated?

UK 10Y is a daily series from Bank of England, refreshed here as soon as a new release posts to FRED.