More than £1.3trn has been erased from the value of UK bonds since the start of 2022 following a major sell-off across bond markets, a research report by Collidr Asset Management has found.
Gilts and index-linked gilts have fallen 26.4% and 36.2% respectively in the year to date, losing £882.6bn in value, with the value of UK corporate bonds dropping by £514.5bn during the same period. Colin Leggett, investment director at Collidr, said: "The unprecedented meltdown in bonds is not just causing issues for pension funds with exposure to LDI strategies. The fall is also wrecking the returns for any investor with a large exposure to UK bonds." Bank of England to start selling UK government bonds on 1 November Considering bonds have been a cornerstone of many "conservativ...
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