Category: Bond bubble

Jul 03

The Outlook for the Bond Market

In my comment on April 3rd, “Are Sterling Bond Prices in a Bubble?”, I concluded that, “Quantitative easing has led to an artificial bond bubble. Investors should be very cautious in committing new funds to UK fixed-income securities. Their risk / return profile is distinctly unappealing – none moreso than gilts issued by the UK …

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Apr 03

Are Sterling Bond Prices in a Bubble?

The news that Coutts, the private bank for high net worth clients, has just warned its clients against investing in high yield bonds brought to mind the analysis of a paper published many years ago in an Italian academic journal (“Dilemmas in Development Banking”, Savings and Development, Milan, 1985). Coutts is warning its clients against …

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Permanent link to this article: http://www.goldenguinea.com/are-sterling-bond-prices-in-a-bubble/