UK - A £1.1bn government auction of 13-year 1.875% index-linked treasury gilts has been oversubscribed by 2.72 times.
The auction received total bids of £2.99bn - far exceeding the £1.1bn the Debt Management Office, the government agency responsible for the auction, had offered. This follows the DMO's £1.75bn auction...
The global economy has rebounded from the lows reached in March and April but momentum has waned as rising cases of COVID-19 have forced some regions to once again restrict activity. Jim Cielinski, Global Head of Fixed Income at Janus Henderson Investors, discusses whether credit markets can remain immune to the economic fragility.
As governments across the world seek to rebuild their shattered economies, they have announced significant spending plans to generate growth.
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The fixed income year started with low yields and tight spreads but developed into a 'brutal' March. Mark Holman looks at where we are today and shares his thoughts for the future