UK Gilt Yields Near 1998 Highs as House Price Growth Halves

Elevated UK gilt yields weigh on the FTSE 100 by lifting mortgage rates, squeezing household spending and slowing domestic growth. Fiona Cincotta, StoneX Senior Market Analyst, explains how higher borrowing costs reach housing, retailers and banks. Higher mortgage repayments cut UK household spending on eating out and travel, while Nationwide data shows annual house price growth halving. UK banks see firmer lending margins but a higher risk of loan defaults. The FTSE 100's multinational exposure and a weaker pound partly shield the index. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Gilt Yields Near a 1998 Peak 00:31 - UK Mortgage Rates Reset Higher 00:56 - Household Spending Squeezed 01:23 - UK House Price Growth Halves 02:20 - UK Banks Face a Mixed Picture 03:21 - FTSE 100's Overseas Cushion Like and subscribe for more financial market insights. #FTSE100 #StoneX #FionaCincotta #Gilts --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social