Pioneer's four fixed income themes to watch in 2014

Pioneer Investments' head of European fixed income, Tanguy Le Saout, has identified four key fixed income themes for investors to watch in 2014.

Le Saout identified a number of key factors investors now need to consider if they are buying into fixed income. Below are the four main themes he said investors needed to be aware of in order to help them maximise returns. 1. Nothing looks cheap in bonds The sell-off across bond markets in late May caused US 10-year bond yields to jump 140bps from their lows, while German bunds rose 60pbs. However, Le Saout (pictured) still thinks "nothing looks cheap" in the bond market. "Although the rise in bund yields looks significant on a shorter time frame, over a longer time frame it lo...