National Grid share price slips as gilt yields climb — what to watch next for NG.L
LONDON, Jan 29, 2026, 08:58 GMT — Regular session. National Grid shares dipped Thursday morning, retreating from the one-year peak reached in the last session. The pullback came amid rising UK bond yields, which pressured dividend-heavy utility stocks. This shift is significant since regulated utilities often trade like bond substitutes. As government borrowing costs climb, their reliable cashflows lose appeal,…