Italy, Spain… is the UK next?

Keep an eye on UK government bond yields, says Bengt Saelensminde. If they keep falling, Britain could be heading for a crisis.

Back in January, I showed you The most important chart for 2011.

My chart to look out for in 2011 was the yield curve ie the interest rate on UK government bonds (gilts). "If rates get forced up, you can expect the markets to stall and reverse," I wrote at the time.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.