For example, gilt yields peaked in 1975 and drifted down thereafter until 2021. That trend of falling yields – and hence rising prices – pepped up bond returns with capital gains adrenaline shots, until 2022’s rapid interest rate hikes ended the party. ...
Amundi UK Government Inflation-Linked Bond ETF (GILI) TCO0.11%(OCF 0.07%, Transaction 0.04%) iShares Index Linked Gilt Index Fund D (GB00B83RVT96) TCO0.11%(OCF 0.11%, Transaction 0%) iShares Up to 10 Years Index Linked Gilt Index Fund D (GB00BN091H11) TCO0.13%(OCF 0.13%, Transact...
This being the UK rather than the US, our system tends to work based on convention and because it always has, rather than because there’s a solemn guarantee tattooed on theRouge Dragon Pursuivantor written on parchment somewhere… Are Treasury bills more bombproof than a bank account? It’s...
The OPEC oil cartel cut supply to the US and immediately hiked prices by 17% in mid-October. Theoil price was to quadrupleby March 1974, deepening the global recession. North Sea oil was still in its infancy and couldn’t cushion the UK economy from the price shock. The double-headed b...