Royal London’s Craig Inches says fears of a dramatic and prolonged spike in gilt yields are unfounded.
The £267m UK Government Bond fund co-manager expects 10-year gilts to reach a high of 4.5% in the next few weeks and end the year at 4%. He says there is no evidence the Government’s record borrowing...
More guidance in August Inflation Report
Long-term growth potential is key
Positive return prospects for asset class
Valuation do not provide margin for error on downside
Too early to take a stance