Investors should still be buying bonds, despite equity recovery. That is the view of Theo Zemek, h...
Investors should still be buying bonds, despite equity recovery. That is the view of Theo Zemek, head of fixed income at New Star, who pointed out the purpose of bonds is to provide a defined income stream. "Not all bonds are alike. There are three components of bond performance: interest rate risk, supply and demand factors, and credit considerations," she said. Zemek does not believe UK interest rates will rise dramatically, and will probably not go much higher than 4.25%. The key, she said, is credit considerations. "This is the wild card - the key to whether you should be tilting to ...
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