Bonds

Fidelity's Ian Spreadbury has tipped the yield on a 10-year gilt to dip below 1%, as the safe haven government bond saw yields hit a new low today.

The spread between safe haven bond yields and those of peripheral European nations has widened as fears grow over the weakness of the Spanish banking sector.

The latest sale of index-linked 50-year gilts was completed in record time today, as investors snapped up £4bn worth of debt.

Funds from 24 asset managers have made it onto S&P Capital IQ's list of the best funds with a decade-long track record.

SOVEREIGN DEBT

Threadneedle's Quentin Fitzsimmons is set to leave the group to take a break from the industry.

Stephen Snowden has begun adding risk to Kames Capital's £330m Investment Grade portfolio after risk assets fell to "ferociously cheap" levels.

Stubbornly high developed world inflation is providing investors with an opportunity for diversification, according to Fidelity's Andy Weir.

ON BONDS

Star bond fund manager Richard Hodges has warned the UK is likely to lose its coveted AAA-rating next year as the ongoing crisis takes its toll.