Global bond markets are performing well on the back of poor equity performance, with Europe offering...
Global bond markets are performing well on the back of poor equity performance, with Europe offering investors better opportunities than the US. According to John McNeill, investment manager, fixed interest at Britannic, the main factor currently affecting bonds is the poor performance of equity markets. Another factor driving the bond market has been a significant shift in interest rate expectations. The feeling was that short-term interest rates would have risen by now, he says. However, should equities stabilise, he warns, bond markets will not be so compelling. McNeill says: 'W...
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