The longer end of the US and European bond markets continue to outperform, although two- to three-ye...
The longer end of the US and European bond markets continue to outperform, although two- to three-year bonds are starting to rally. Peter Lucas global investment strategist at Ashburton is negative on bonds in the short term. He says investors are complacent, especially in the US, and expects growth to exceed predictions in the short term. He says: "A great deal of good news is already discounted. Bond yields and commodity prices are often closely correlated. What we are seeing now is that commodity prices are at a high and bond yields are near to a four-year low, this is a gap that has ye...
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