fixed income

Portugal's financial crisis worsened today as the country's bond yields spiked above 8% and shares plunged, following the resignation of several key politicians.

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

US fixed income investors are on course to suffer their worst first half of a year for nearly two decades following the Federal Reserve's remarks around curtailing its enormous quantitative easing programme.

Bond fund managers have been returning to emerging market debt in the last few days following the dramatic sell-off in the sector, after a strengthening dollar sent prices spiralling.

The BBC has raised £170m to help finance BBC Worldwide after tapping bond markets for the first time in its history.

Over the past month losses have racked up across bond sectors after comments from the Federal Reserve signalling the end of quantitative easing spooked global markets.

The era of easy money may continue for another two years despite US Federal Reserve chairman Ben Bernanke's 'bombshell' announcement last month, according to Fidelity's Ian Spreadbury.

Kames Capital has hired Scott Fleming as fund manager on its fixed income team to focus on exotic bond analysis.

The prospect of a sell-off in both equities and bonds, akin to that seen in 1994, is a "very real concern", according to Ruffer investment directors Hamish Baillie and Steve Russell.

What happens when the tap is turned off? UK equities posted their 12th consecutive month of gains in May, but our most read stories at the start of June suggest investors will be increasingly nervous in the months ahead.