Bailey speech: UK experience on yield curve is not out of line with other markets

Testifying on the Financial Stability Report (FSR) before the Treasury Select Committee, in London, on Tuesday, Bank of England (BoE) Governor Andrew Bailey said that “the UK experience on yield curve is not out of line with other markets.”

Additional quotes

We have seen steeper yield curves, that is a global phenomenon.

Cause of steeper yield curve reflects greater uncertainty on trade policy.

Steeper yield curve also reflects uncertainty on fiscal policy.

Jul 22, 2025

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

USD: Tariffs are creeping back – ING

The dollar began the week under pressure, despite the absence of a clear catalyst. Long-dated Treasury yields, which have once again regained a positive correlation with the dollar, continued to decline, but not at a faster pace than EU bond yields, ING's FX analyst Francesco Pesole notes.