M&G's Jim Leaviss has warned against taking the US' prized AAA rating for granted as the country continues to inject stimulus and defy current European policies of debt reduction.
Aegon Asset Management has promoted Euan McNeil to the role of co-manager on its Ethical Corporate Bond fund, replacing high yield specialist Phil Milburn.
Government bond markets are continuing to sell off strongly this morning as investors absorb the extra $1trn of debt added to the US balance sheet by the extension of its tax cuts.
Ignis' Chris Bowie has offloaded £200m of Santander debt on concerns over the impact of the sovereign debt crisis on the banking giant.
Government bond yields across peripheral Europe dropped sharply yesterday as the ECB kept open its bank emergency liquidity measures until at least the end of the first quarter of 2011.
It has been easy to make double-digit returns in the bond market over the past year, said Aegon's David Roberts, but managers will face a challenge if further QE causes inflation to rise.
In the latest Conjecture debate, our panelists from Legg Mason, Standard & Poor's and Rathbones Unit Trust Management discussed Corporate Bonds.