Some highlights from Monday’s FTfm.
Alarm over rise in US bond yields
The UK’s largest investment manager has warned of a potentially ’catastrophic‘ rise in US Treasury yields in the wake of the ’extremely irresponsible’ fiscal policy being adopted by Washington
Barclays set to launch own asset manager
Barclays UK Retirement Fund is setting up its own asset manager, Oak Pensions Asset Management, to speed up investment decision-making in the current uncertain financial environment
Bond fund party may be losing its sparkle
There are signs the bond fund party may soon be over after three straight weeks of outflows. Some can see investors moving towards higher risk bonds, but others advise moving into equities for better returns with the same volatility
So what’s become of credit derivatives?
What’s happened to credit derivatives since the ‘experts’ made safe Wall Street and the City’s explosive devices? Much less than you think, but it’s about time artificial barriers to price transparency and fundamental data were removed, says John Dizard
A little history to shed light on bonds
A crash course in financial market history, 1994 in particular, may prove useful for today’s bond investors and help shed light on the market’s vulnerability to sharp and painful adjustments