THE BOE WILL LOWER ITS KEY INTEREST RATES SOONER THAN EXPECTED 3/3

In the current decelerating environment, UK Gilts offer a compelling value proposition. With nominal 10-year yields around 4.5% and real yields near 100 basis points, there is significant potential for capital appreciation as the economy slows and the Bank of England nears a pivot. The nearly 200 basis point spread over German Bunds provides a robust risk premium and diversification for global portfolios seeking stable, inflation-protected income.