Five key bond themes in aftermath of Greek deal

Chris Iggo (pictured), CIO fixed income at AXA Investment Managers, discusses the main issues for fixed income investors as Greece reaches a deal with its creditors.

The search for yield continues - danger! So we have a deal for Greece. Easy to be cynical, but the fact that a deal has been done shows a willingness to avoid the alternative of Greece leaving the euro - for now at least. FTSE rallies as Greek deal agreed after 17-hour talks However, if Greece starts to implement what it has promised and Europe starts to send money, then markets will put these things on the back burner. And what are we left with? We are left with a bond market that remains expensive and dependent on the combination of extremely accommodative monetary policy, ...