Sovereign debt: The extreme cost of diversification
SOVEREIGN DEBT
Adam Smears
Skandia Investment Group's head of research and portfolio manager Adam Smears (pictured) discusses the implications of record low 'safe haven' bond yields.
Recently UK yields have moved below 1.8% as the market remembered the unresolved issues in the eurozone. These yields are at historic low levels, and the question is why? 1.8% is not a lot given inflation...
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