Government bonds

Federal Reserve hikes interest rates to 4%
Jerome Powell
US Economy

Federal Reserve hikes interest rates to 4%

The Federal Reserve continues its battle with inflation with another bumper interest rate hike.
3 Nov 2022
What are Gilts and why should you care about them?
A pile of coins and notes
Government bonds

What are Gilts and why should you care about them?

Gilts have been in the news a lot recently, but not everyone understands why these assets are so vital to the UK economy.
24 Oct 2022
What next for stocks as bonds crash?
£50 notes being printed
Stockmarkets

What next for stocks as bonds crash?

Despite the slump in prices, UK government bonds remain too expensive. Stocks are much better value, says Max King.
20 Oct 2022
LDI: another financial fix has backfired
Boots on Oxford Street
Government bonds

LDI: another financial fix has backfired

Liability-driven investment (LDI) has become the latest widely touted investment product to go horribly wrong, says Max King.
7 Oct 2022
LDI: the “doom loop” in the bond market
A statue outside the Bank of England
Government bonds

LDI: the “doom loop” in the bond market

LDI – an investment strategy used by defined-benefit pension funds – was at the centre of last week’s panic in gilts. What exactly happened, and how w…
7 Oct 2022
Bank of England spends £65bn to “restore orderly market conditions”
Budget

Bank of England spends £65bn to “restore orderly market conditions”

The Bank of England has said it will spend £65bn buying bonds to stabilise the financial markets after the government’s mini-Budget. Saloni Sardana ex…
29 Sep 2022
What the return of the bond vigilantes means for investors
Government bonds

What the return of the bond vigilantes means for investors

The US Federal Reserve is dancing to the tune of the bond vigilantes, says Max King. Here’s what that means for stockmarket investors, the economy, an…
6 Sep 2022
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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Will the euro crisis flare up again?
EU Economy

Will the euro crisis flare up again?

With Italy’s borrowing costs rising quickly, and inflation climbing, the European Central Bank has unveiled a new tool to help indebted states. Is it …
28 Jul 2022
The wolf returns to the eurozone’s door
EU Economy

The wolf returns to the eurozone’s door

The eurozone’s intrinsic flaws have been exposed again as investors’ fears about Italy’s ability to pay its debt sends bond yields soaring.
28 Jul 2022
The bear market in bonds isn’t all bad news
Government bonds

The bear market in bonds isn’t all bad news

The rise in bond yields and the fall in bond prices can be a good thing or bad thing. Bad for bondholders, but good for many risk-averse pensioners an…
21 Jul 2022
Governments will sink in a world drowning in debt
Global Economy

Governments will sink in a world drowning in debt

Rising interest rates and soaring inflation will leave many governments with unsustainable debts. Get set for a wave of sovereign defaults, says Jonat…
23 Jun 2022
A new headache for the ECB
EU Economy

A new headache for the ECB

Italy, the eurozone’s third-largest economy, has debt of €2.759trn – almost 150% of GDP. A crisis there would pose an existential risk to the euro.
22 Jun 2022
Central banks are divided – so prepare for more turbulence
Global Economy

Central banks are divided – so prepare for more turbulence

Central banks no longer agree on interest rates. The US is raising aggressively, while the UK is taking a more cautious approach and Japan is sticking…
17 Jun 2022
ECB set to raise interest rates as stagflation beckons
EU Economy

ECB set to raise interest rates as stagflation beckons

With inflation at 8.1% and economic growth at just 0.3%, the eurozone is on the brink of stagflation. To combat it the European Central Bank is to st…
8 Jun 2022
The emerging-markets debt crisis
Emerging markets

The emerging-markets debt crisis

Slowing global growth, surging inflation and rising interest rates are squeezing emerging economies harder than most. Are we on the brink of a major c…
30 Apr 2022
Why food and fuel subsidies will push up debt
Global Economy

Why food and fuel subsidies will push up debt

Many governments have adopted subsidies or tax breaks to shield households and businesses from rising food and fuel prices. But that's just causing go…
28 Apr 2022
The bond-market bloodbath isn’t over yet
Government bonds

The bond-market bloodbath isn’t over yet

The bond-market sell-off isn’t done by along chalk – rising interest-rates could yet push yields higher.
28 Apr 2022
The truth about market manipulation
Investment strategy

The truth about market manipulation

Free, fair and transparent markets are a fiction. Investors need to be alert to the flaws, says Jonathan Compton.
28 Apr 2022
Why France's soaring debt is a real risk no matter who is president
EU Economy

Why France's soaring debt is a real risk no matter who is president

The result of France's presidential election matters less than the state of its public finances, says Matthew Lynn
24 Apr 2022
The bond bubble has burst – what comes next?
Government bonds

The bond bubble has burst – what comes next?

Investors in government debt have seen some of their biggest ever losses as the bond bubble bursts. John Stepek explains what’s going on and asks what…
19 Apr 2022
What the collapse in the yen and surging bond yields have in common
Government bonds

What the collapse in the yen and surging bond yields have in common

As bond yields surge, the Japanese yen – often seen as a “safe haven” investment – is falling in value. And that’s confusing investors. John Stepek ex…
28 Mar 2022
Yield curve fear is back
Government bonds

Yield curve fear is back

One of the most reliable recession indicators in markets is starting to flash red. Investors should beware
28 Mar 2022