MNI Gilt Week Ahead - 8 June 2026

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Jun-08 14:47By: Tim Davis
UKFiscal PolicyGovernment Sovereign Bonds

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  • We still have a number of important releases between now and next week's MPC meeting.
  • We think that the Agents' survey (ASBC) as well as the BOE / Ipsos Inflation Attitudes survey will be important on Friday while monthly GDP data will also be watched.
  • At this stage, we think that the bar for any of the other MPC members to join Pill, probably Greene and possibly Mann in voting for a hike next week is high. Lombardelli, Ramsden and Governor Bailey seem like the swing voters on the MPC at present with Breeden, Dhingra and Taylor all seemingly more comfortable in leaving Bank Rate on hold for longer. We think we would need to see something particularly adverse in order for any of the swing voters to be persuaded for a June hike, but the longer energy prices remain high the more likely a hike is. So we still think there is a good chance of a July hike.
  • We look into these in more detail in the full document.