As we brave another Friday the 13th, RWC Partners' income duo Ian Lance and Nick Purves highlight 13 bizarre goings on in financial markets which could spook superstitious investors.
These events range from central banks spending billions to bring rates down despite bond yields being at an all time low; to the average holding period in UK equities falling from ten years in the 1950s to just 22 seconds in today’s markets. 1. The financial situation of many developed economy governments has never been worse….yet the rates at which they can borrow money have never been lower. The US has 3.3 times more debt outstanding than a decade ago and yet the yield demanded by the market has fallen from 6.1% to 2.0%. 2. Investors are lapping up corporate bonds (P&G 10-year ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes