Our weekly simulation for forward U.K. Gilt yields and pound sterling. Read the latest update, as of January 3, 2025.

We document the size of that risk premium in the graph below, which shows the zero-coupon yield curve implied by current JGB prices compared with the annualized compounded yield on 3-month bills ...

Rudebusch (CR) decomposes the nominal yield curve into three components ... Short Rate Path The two-year Treasury yield decomposition divides the two-year zero-coupon nominal Treasury yield into the ...