Fidelity and Pimco Maintain UK Gilt Investments Amid Market Instability

Reported about 9 hours ago

Fidelity International, Pimco, and other major investors are holding onto their UK government bond investments despite recent market turmoil, viewing the slump largely as a global fixed income issue rather than solely a result of UK government actions. While UK debt yields have surged and the pound has depreciated, leading to some comparisons with past financial crises, analysts suggest that this volatility may present buying opportunities as lower interest rates are anticipated to stabilize the market.

Source: YAHOO

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