# Sterling Rises, Gilt Yields Trim Losses After BOE Raises Rates

> The Bank of England voted 8-1 to raise rates by 25 basis points to 4.0%, with Catherine Mann dissenting in favour of 50 basis points. Governor Bailey said he could see the case for a further increase without an end to the Middle East conflict, and sterling rose 0.1% to $1.3480.

- Date: 2026-11-05 · published 2026-11-05T15:09:37.377Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/81946-sterling-rises-gilt-yields-trim-losses-after-boe-raises-rates
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The hawkish split and conditional guidance point to a shallow tightening cycle, which affects currency and bond flows more than grain or oilseed prices. Energy-price dependence ties the outlook to the Middle East supply situation.

## Sources

- marketwatch.com: https://www.marketwatch.com/story/sterling-rises-gilt-yields-trim-losses-after-boe-raises-rates-3befb4df

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.