This chart "illustrates several truths about the bond market", says Tracy Alloway on Bloomberg. Investors keep buying Argentinian debt even though they really should know better. The price of Argentina's century bond has slumped by 45% as concern over the latest debt crisis has grown. At the same time, Austria's 100-year bond has surged this year.
Viewpoint
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
