Government bonds

Fidelity manager discusses the growing risk of another UK recession, the European debt crisis, and prospects for global government bonds.

Fears of France and Spain being the next to suffer in the eurozone debt crisis intensified as 10-year bond spreads reached euro-era highs above German yields yesterday.

Silvio Berlusconi's pledge to resign has failed to calm investor nervousness on Italian sovereign debt, with yields on 10-year bonds rising above the crucial 7% mark this morning.

Italian prime minister Silvio Berlusconi faces renewed calls to resign after he failed to secure a parliamentary majority in a budget vote among MPs.

Royal London AM has launched an International Government Bond fund for George Henderson.

Long-dated US treasuries have returned more than the S&P 500 over a 30 year period for the first time since the 19th century.

Prime Minister David Cameron has warned that bankers caught manipulating the market to take advantage of QE can expect to face criminal prosecution.

Leading banks are at odds with European policymakers after lenders offered to take a haircut of 40% on their Greek bonds, but leaders said the proposals do not go far enough.

Legal & General Investment Management's Richard Hodges has been buying into UK banks' subordinated bonds as well as boosting his exposure to government debt.

Michel Canoy, fund manager of FIT and MMIT at LGIM, examines the state of today's bond markets and looks at what investors can do to negotiate volatility as world order unravels.