Newton's Brain favours government over corporate bonds

A prolonged economic downturn will reignite demand for government bonds, says Newton's Paul Brain. ...

A prolonged economic downturn will reignite demand for government bonds, says Newton's Paul Brain. Newton's International Bond fund manager says investors will still see a period of sustained economic weakness despite the improving health of the markets and this climate will bring government bonds back into favour in the near term. He says: "In January the headlines screamed 'depression'." "Since then we have galloped through 'recession' to talk of 'green shoots' and now, outright 'recovery.' We think this severely overstates the progress we have made so far. Brain took over manage...