Archive for July 2nd, 2008

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 Bonds, Investment, Markets, Money by Prieur du Plessis