For holders of gilts, there are currently two very attractive alternatives in UK bond markets. The ...
For holders of gilts, there are currently two very attractive alternatives in UK bond markets. The (very risky) small but developing sterling High Yield market covers many companies in the early stages of development. With an appropriate level of dedicated credit resource they provide significant upgrade opportunities, as well as high income. I exclude from approval in this category all preference shares. With fading hopes of buy-backs from the major financial issuers and no trading liquidity as market makers have disappeared, prospects remain bleak. The (very safe) less well-known alt...
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