Credit quality and trends to drive bonds

By George Luckraft, manager of Framlington's UK Income funds Through the first half of this year ma...

By George Luckraft, manager of Framlington's UK Income funds Through the first half of this year many of the world's major economies continued to see sluggish growth. Initially, confidence was affected by the international bickering in the run up to the conflict in Iraq. The split between the hawks and the doves continues to this day with the failure to find weapons of mass destruction undermining much of the justification from the hawks. Corporate spending decisions were deferred due to these uncertainties. By an unfortunate coincidence, just as some clarity was beginning to be ...