Momentum IM flags tight link between UK 5-year gilt yields and natural gas futures
TLT•Momentum IM flags tight link between UK 5-year gilt yields and natural gas futures
- Momentum Global Investment Management flagged a tight link between UK 5-year gilt yields and UK natural gas futures.
- Higher LNG prices lifted inflation expectations, tightening bets on Bank of England policy, pushing gilt yields higher.
- Falling LNG prices could reverse the move, easing inflation pressure, supporting the BoE’s on-hold stance, boosting gilts.
- Analysis dated Sept. 7, 2026; data through Sept. 2, 2026.
