Treasury
3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch 3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch 3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch 3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch 3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch 3-MO 3.92% unch 6-MO 4.00% unch 1-YR 4.16% -2bp 2-YR 4.39% unch 3-YR 4.45% -1bp 5-YR 4.54% -1bp 7-YR 4.66% unch 10-YR 4.79% unch 20-YR 5.27% unch 30-YR 5.27% unch
US Treasury par yield curve · Sep 2 · Source: U.S. Treasury
Thursday, September 3, 2026
U.S. Edition
MONEY & WORLD
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Bank of England

Bank of England chief economist says Bank Rate should rise to 4 percent

Money & World
The Editorial Team ·
The neoclassical front of the Bank of England's Threadneedle Street headquarters in London.
Photo: Diego Delso / Wikimedia Commons (CC BY-SA 4.0)

Four percent.

That is where Bank of England Chief Economist Huw Pill said Bank Rate should be set.

The Monetary Policy Committee has held the rate at 3.75 percent since March. In remarks published Thursday, Pill argued that waiting for uncertainty over the Middle East and inflation to clear could leave policy behind emerging price pressure.

He said a prompt increase could limit the risk of temporary inflation becoming persistent without starting a prolonged series of rate increases.

Nothing changed today. The Bank's page says the views are Pill's and are not necessarily those of the institution or its policy committee. The speech sets out one policymaker's preference, not a rate decision.

The document: Bank of England, Homophones, remarks by Huw Pill, September 3, 2026.

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