Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
This month's podcast out now
This month's podcast out now
If you had not been paying attention to financial markets for quite a few years and then – from this position of naivety – had looked at the eurozone, your likely conclusion would be that the region's equity bourses were offering tremendous value.
This month's podcast out now
Featuring Pantheon's Andrew Lebus and London & Capital's Roger Jones
Part of the June equity market rally was driven by growing investor expectation of a July rate cut in the US, which we believe is overdone.
Global bond yields continue to crash through zero