Bonds

Fidelity's Ian Spreadbury has said he is short German interest rate risk in the view that the eventual move towards a 'eurobond' solution will cause yields to rise.

Spanish and Italian bond yields have continued to race ahead following the European Union's bailout of the troubled economy's banking system.

Tatjana Greil Castro, fixed income portfolio manager at Muzinich & Co, examines which asset class is most attractive in the current market.

The yield on Spanish government debt is racing higher this afternoon despite the move by the European authorities to spend €100bn bailing out the country's banking system.

This year is turning into a repeat of 2011, according to JPM's Nick Gartside, who said the absence of a strong trend has led to another year characterised by swings between good and bad days.

Europe's major markets climbed on the first day of trading after Spain was granted a €100bn bailout for its banking sector over the weekend.

The single currency strengthened against the dollar today as Spain was granted a €100bn EU and IMF bailout to prop up its banking sector.

Aviva Investors' Chris Higham has taken his cash and government bond weighting to a record high following outperformance in the credit markets and his doubts over the US recovery.

Retail investors in corporate bond ETFs could be at risk as large institutional trades may be distorting the price of shares in the funds, analysts warn.

PIMCO executive vice president Luke Spajic advises investors on how to negotiate 'upside down' credit markets.