Bonds

Four experts write

Including bonds and derivatives

'Credible growth path' needed

Global Select Government Bond fund

'Urgent to take action'

When policymakers cut interest rates, cash rates tend to follow. Investors may miss out and face reinvesting at lower rates than they could get now on bonds.

Proceeds of £8bn

Not commercially viable

BofA Global Fund Manager survey

Defaults creeping up but are still relatively low