Bank of England Warns Gilt Market Spillover Risks Are Growing

The Bank of England has warned that the gilt market faces growing spillover risks.

The warning puts the UK government bond market at the centre of concerns about financial stability.

What the warning says

The Bank of England flagged growing spillover risks in the gilt market. That points to the risk that pressure in UK government bonds could spread to other assets and institutions.

Why it matters

Gilt market stress can affect borrowing costs and global risk appetite. For Nigerian businesses and investors, it adds to the external risks that shape dollar demand, capital flows and naira sentiment.