10-Year UK Gilt Yield
UK 10-Year Government Bond Yield — Historical Chart
4.80%
▲ 5.99% YoYJun 2026
All-Time High
16.34%
All-Time Low
0.21%
Data Since
1960
Source: FRED / OECDShaded = NBER recessions
Yield on 10-year UK government bonds (Gilts). The September 2022 Gilt crisis — triggered by Liz Truss's unfunded "mini-budget" tax cuts — caused the most violent repricing in UK government debt since modern records began, forcing the Bank of England into emergency bond purchases to prevent pension fund collapse. The episode became a global case study in fiscal credibility and the speed at which markets can punish sovereigns.