High yield bonds a safe bet for the Isa season

The Bank of England lowered base rates in early February, to the relief of homeowners and businesses. Beleaguered savers, who were already battling to extract a paltry return from their savings, were less enthusiastic. But where do they place their money if they are unimpressed by the 3% on cash deposits? The property market looks to be peaking and, after three years of falls, the equity market seems to be only for the brave. It comes as no surprise then that investors are turning to bonds to help boost their returns. This move sits very comfortably with the drive to invest for income,...