The golden age of exceptionally low bond volatility is drawing to a close, and investors would be wise to lock in any handsome profits before monetary policy shifts, explains Lombard Odier's Grant Peterkin.
Valuations of interest rate sensitive cyclicals have started falling, so are rate rises already discounted in share prices? L&GI's Richard Penny explores.
‘We haven't felt pain like this in markets for some time’
Some 24 European banks have failed the European Banking Authority (EBA)'s stress tests.
Markets across Europe have rallied this morning following confirmation the European Central Bank (ECB) has started buying covered bonds.
'Weak high yield credits are getting weaker'
Patient bond investors have been rewarded in 2014, says Nick Gartside, international CIO for fixed income at J.P. Morgan Asset Management.