Confirmed pick-up in growth for the world economy has fostered nervousness in fixed income bond mark...
Confirmed pick-up in growth for the world economy has fostered nervousness in fixed income bond markets. Performances for the last three months across national boundaries during the period have thus been disparate with positive outcomes for the US with 1.09% and 0.52% for Japan and negative performances for the euro zone with -0.23%. The gilt market was flat. Over the last few months, the gilt curve has been inverting. The beginning of the inversion has moved from the five-year, six months ago to the two-year today. This is due to increases in the base rate and the market's view that in...
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