GLOBAL - Dramatic changes to the yield curves of government bonds are occurring as part of a "global phenomenon", according to bond investors who generally attribute the steepening of the curves to increased government borrowing and interest rate cuts.
Back at the end of 1999 the UK yield curve was inverted by about 80 basis points between 10 year yields and 30 year yields. There is now an upward-sloping yield curve of about 10 basis points. The ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
