Bonds Warning – Consensus Cheery – UK Worries
10Jan2025
Financial markets were rather dull across the Christmas period, with the notable exception of government bonds. These are meant to be as dull as ditch water, but something is stirring, as we explain. It is not just a UK problem, though it is opening a notable divide in the UK stock market, and the trend in more domestic-facing equities has turned sour, as you will see. Looking further afield, the evidence for a scary US mania persists, but the investment banks are universally positive. Take great care, and read on…
By Brian Dennehy
Access Level | public
Market commentary