Keep your eye on the yield curve

Brexit is hogging all the headlines, says Merryn Somerset Webb. But for investors, there's something more interesting going on in the bond market.

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McDonnell and Corbyn: Britain's next leaders?
(Image credit: 2017 Getty Images)

I feel that I should write about Brexit here this week. After all, I know it is on most of your minds much of the time. However, we cover the main issues in this week's issue, and I am not entirely sure we have much to add. It's also true that in the context of what is going on elsewhere in the world, Brexit might not be that much of a big deal for the kind of globally diversified investors who read MoneyWeek.

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Merryn Somerset Webb

Merryn Somerset Webb started her career in Tokyo at public broadcaster NHK before becoming a Japanese equity broker at what was then Warburgs. She went on to work at SBC and UBS without moving from her desk in Kamiyacho (it was the age of mergers).

After five years in Japan she returned to work in the UK at Paribas. This soon became BNP Paribas. Again, no desk move was required. On leaving the City, Merryn helped The Week magazine with its City pages before becoming the launch editor of MoneyWeek in 2000 and taking on columns first in the Sunday Times and then in 2009 in the Financial Times

Twenty years on, MoneyWeek is the best-selling financial magazine in the UK. Merryn was its Editor in Chief until 2022. She is now a senior columnist at Bloomberg and host of the Merryn Talks Money podcast -  but still writes for Moneyweek monthly. 

Merryn is also is a non executive director of two investment trusts – BlackRock Throgmorton, and the Murray Income Investment Trust.