Investors should keep a close eye on bond yield movements while markets remain volatile, Citywire AA-rated manager Matthew Rees has said, even as the risk of large-scale movements prompting capital loss is low.
LGIM’s head of global bond strategies spoke to Citywire New Model Adviser as UK government bond yields reached their highest levels since July on Tuesday.
Ten- and two-year gilt yields rose to 4.3% on Tuesday, a four-month high, before falling slightly on Wednesday morning.
