Story perspectives
UK 30-Year Gilt Yield Drops to 5.59% Amid US-Iran Optimism
5/22/2026
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Story summary
- UK 30-year gilt yield fell to 5.59% on Friday, marking the biggest weekly decline among G7 sovereign bonds.
- The weekly drop of more than a quarter percentage point was the steepest for UK 30-year gilts in over two years.
- Market optimism about a possible United States (U.S.)–Iran agreement eased pressure on UK bonds.
- Analysts said expectations of lower energy prices and fewer interest-rate hikes helped drive the yield decline.
