John Ricciardi, CEO of Kestrel Investment Partners, explains how shifts in investor perceptions of UK inflation could affect markets over the coming months.
Gilt yields returned to pre-referendum levels
Inflationary pressures are building in the UK
The events of July and August cemented rates in the UK at all-time lows. With the cheapest bond in the yield curve being the 30-year gilt (yielding 1.4%), there has been little respite for conservative allocation to fixed income markets.
Craig Inches, Head of Short Rates and Cash