Archive for July 2nd, 2008

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Wednesday, July 2nd, 2008

Government Bonds: Not So Vigilant

Although rising bond yields have been given a reprieve as a result of the deteriorating outlook for economic growth and commensurate safe-haven buying, I maintain that the medium-term outlook remains negative owing to valuation levels still being stretched, especially in the light of mounting inflationary pressures.

4 Comments » - Posted in Money, Markets, Investment, Bonds by Prieur du Plessis