Government bonds

HSBC has launched a Global Inflation Linked Bond fund which will invest in sovereign debt issued by OECD countries.

Investec's John Stopford believes UK index-linked gilts continue to offer good value after the DMO raised £6bn in a sale of the securities yesterday.

Pimco, the world's biggest bond manager, has turned bullish on UK government debt, just six months after it warned gilts were resting "on a bed of nitroglycerin".

China bought up to €400m of Spanish 10-year bonds last week as Asian investors returned to the peripheral eurozone markets.

Government bond yields have continued to dive today as ‘fear' grips global risk assets.

As we feared, this is proving a difficult year for investors. We have long thought the best in world share markets was over.

Vanguard is to adopt float-adjusted benchmarks across nine of its bond index funds.

The eurozone is not offering Greece enough cash to get it through the debt refinancing is faces this year, managers believe.

ON BONDS

A record $200bn issuance of new inflation-linked bonds from the UK, US and Europe is forecast this year as global governments seek to finance ballooning budget deficits.