We doubt that the recent fall in the yield of 10-year Gilts will continue. Indeed, we expect it to rebound to a significantly higher level than its recent peak over the next year or so. We also think that the pound will fare relatively well against the US dollar over this period, even if comes under further pressure in the near term.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.