M&G's head of retail fixed interest Jim Leaviss has described how US Treasuries are looking cheap for the first time in years, but are dependent on the future actions of Federal Reserve chairman Janet Yellen.
Leaviss is manager of several M&G bond funds including the £1.6bn Global Macro Bond fund. He highlighted 10-year US Treasuries as a good asset to hold but said it would all depend on the Fed's "dot...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
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