Laith Khalaf: Is Bondageddon finally here?

'Gilts are tanking'

clock • 3 min read

Taking a look at gilts, Laith Khalaf asks, and seeks to answer, whether 'Bondageddon' has arrived...

Gilts are tanking, fast. The yield on the benchmark 10-year gilt has doubled since the beginning of December, and now stands at almost 1.5%, its highest level since 2018. The average gilt fund has fallen 8% in the last two months, which isn't enough to make an equity investor blush, but for an asset that people flock to as a safe haven, that's not a great look. Inflation obviously plays a big part in what's happening in the gilt market. CPI is now expected to rise to 7% in the spring and is still forecast to be above 5% this time next year, and that's not helpful for the fixed income str...

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 Investment

UK retail investors more influenced by domestic policy than geopolitical events

UK retail investors more influenced by domestic policy than geopolitical events

Winterflood Q1 report finds

clock 05 May 2026 • 2 min read
Darius McDermott: Defence in a fragmented world

Darius McDermott: Defence in a fragmented world

'It is clear that the world has changed and government spending is being redeployed'

Darius McDermott
clock 01 May 2026 • 4 min read
Canaccord Wealth launches crypto exposure offering to high-net-worth clients

Canaccord Wealth launches crypto exposure offering to high-net-worth clients

For risk profile 7+ portfolios

clock 29 April 2026 • 1 min read