Bond future remains unclear after Alan Greenspan's speech

Professional Adviser
clock

Market expectations that interest rates will remain on hold following cautiously upbeat comments on ...

Market expectations that interest rates will remain on hold following cautiously upbeat comments on the US economy from Alan Greenspan, the Federal Reserve chairman, provide little direction for the bond market. John McNeill, investment manager, fixed interest at Britannic, says following Greenspan's speech, the market now feels that interest rates will remain low in the foreseeable future. McNeill said provided economic improvements continued and inflation remained low, there would be no pressure on the Fed to increase interest rates. "However we expect that after we ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •