By Harry Robertson LONDON (Reuters) – PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds, a senior fund manager said on Monday. “There’s no guarantee …
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By Lucy Raitano and Samuel Indyk LONDON (Reuters) – Finance minister Jeremy Hunt presented less gloomy forecasts for Britain’s economy at his Spring Budget on Wednesday. Upgraded official forecasts showed …
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By Andy Bruce LONDON (Reuters) – British government bond prices tumbled on Monday in a sign that investors are yet to be convinced by Finance Minister Kwasi Kwarteng’s drive to …
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LONDON (Reuters) – The Bank of England bought 1.415 billion pounds ($1.55 billion)of British government bonds with maturities of more than 20 years on Thursday, the second day of a …
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By Carolyn Cohn LONDON (Reuters) -Investment manager Columbia Threadneedle and pension consultants Mercer warned the Bank of England about the impact on pension schemes of recent gilt market moves, they …
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LONDON (Reuters) – A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing them to slash positions and prompt the …