Henderson's Pattullo: Gilt rally still has legs
UK government bonds are hugely expensive but 10-year yields may yet move down towards 1.5%, according to Henderson's head of retail fixed income John Pattullo.
Ten-year gilt yields made new record lows yesterday, falling below 1.88% for the first time as eurozone fears reared their head again, and Pattullo (pictured) said valuations are affecting his positioning...
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