Government bonds are unlikely to deliver strong returns in a low interest rate environment going into next year, warns Jupiter CIO John Chatfeild-Roberts.
Portugal has successfully issued €500m of short-dated government bonds, but at a higher yield than its previous auction.
Portuguese 10-year government bond yields were steady in early trading, ahead of a €500m bond auction by the country's government later today.
VAM Funds has launched a new Global Government Bond vehicle, which aims to generate cash plus returns through AAA and AA-rated sovereign securities.
Pimco's Mike Amey believes Chancellor George Osborne must stick to his reduction plans outlined in the Budget despite fears the cuts could derail UK growth.