The Big Question: Where are the opportunities in government bond markets now?

The Big Question: Where are the opportunities in government bond markets now?

With European government bonds likely to be anchored for the foreseeable future, where should managers be looking for returns?

        David Scammell Senior manager, Santander Asset Management     The Antipodes Moderate global growth remains our baseline scenario, but the downside risks are mounting.  The euro area is the central risk - lack of domestic demand means that the pace of growth is still very uncertain, and structural issues remain unsolved. Fragile confidence creates an environment that is supportive for government bonds regardless of valuations. The European Central Bank appears to be sensitive to the risks, and has hinted at radical unconventional policy measures. If the market bel...