Bond market: Forget the crystal ball and focus on the easy win

Fixed income offers more value now than at any time in the last decade

clock • 5 min read

While there are clearly plenty of risks which could impact the bond market - the mix of lower prices and attractive yields means investors are being more than well-paid to participate in this environment, writes Darius McDermott

Rishi Sunak hasn't had much to crow about lately, what with a desperate-looking reshuffle, followed by a defeat at the Supreme Court over his plan to send asylum seekers to Rwanda. One thing the Prime Minister has been keen to claim as a success, however, is the drop in inflation, which fell to 4.6% in October.  The reality is the fall in energy prices is primarily responsible for the retreat in the headline figure - not anything Number 10 has done. And let's not forget food inflation is still in double digits, keeping pressure on struggling households.  Yet existing UK bond investors...

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