Category: Coutts

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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