Who are the bond vigilantes?
A group of shadowy investors called the 'bond vigilantes' is said to be stalking central banks, ready to pull the plug on bond prices at any moment. Here, Tim Bennett explains why in reality they are a bit of a myth.
A group of shadowy investors called the 'bond vigilantes' is said to be stalking central banks, ready to pull the plug on bond prices at any moment. Here, Tim Bennett explains why in reality they area bit of a myth.
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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.
He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.
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