
Gilts: rates uncertainty, recession fears and record supply
The OMFIF Podcast
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The Advantages of Positioning in Guilt
I tend to like the long end of the curve because there is the convexity of protection that you get from buying those long bonds. But when would I go into the short end? It's at a time when I think that there is now sufficient weakness or signs of weakness in the economy that the Bank of England will be forced to start easing policy. So in summary, I would say front end is attractive, but the uncertainty around the BOE and policy and everything else just makes me a big wary of being at the front end of the curves.
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