CREDIT spreads are likely to remain wide for some time, while credit risk is continuing to dominate investor behaviour, according to Chris Iggo, UK senior strategist at AXA Investment Managers.
He pointed out that gilts were not particularly attractive investments at the moment, with the benchmark 10-year issue offering a yield to maturity of 4.38pc. With inflation likely to average at least...
What made financial headlines over the weekend?
'Managed separation update'
The chairman discusses his surprise holiday job
Three months on