Category Archive: Newcastle Building Society 10.75% PIBS

Jul 15

The Structure of the London Fixed Income Market

A rapid recapitulation of the high yield bond system: The objective of the system is to establish whether a diversified portfolio of high yield bonds outperforms other major asset classes. This premise is being tested through a designated Isa, into which one-twelfth of the annual Isa allowance is subscribed each month, and then used to …

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