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.
Spain has seen its plan to recapitalise stricken Bankia by indirectly asking the ECB for cash rejected by the ECB, the FT reports.
BlackRock head of European equities Nigel Bolton gives his views on the likelihood of a Greece exit from the euro and the impact on the rest of the region.
Will excessive caution lead wealth managers to miss out on lucrative opportunities? Katie Holliday reports.