Duration management remains key

By Colin Harte, investment manager of the Baring Global ond Trust It has been suggested by some that...

By Colin Harte, investment manager of the Baring Global ond Trust It has been suggested by some that the events of the past couple of weeks mark the end of the long bull market in bonds. Others believe we have been presented with a great buying opportunity. We, however, remain sceptical. Over the long term, there is some risk inflation will be higher than investors are expecting and clearly this would be negative for bond markets. However, in the short to medium term, we believe the economic data is likely to remain mixed, triggering swings in sentiment as concerns over inflation or ...