Skip to Main Content

Short-dated bonds to outperform longer-dated bonds in 2025

(Shutterstock)

With UK gilt yields rising to the highest levels in more than 25 years, many LGPS investors are reconsidering long-dated fixed income assets. Nicolas Trindade senior portfolio manager at AXA IM examines why fixed income investors should be mindful of increased duration risks.

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

We expect to see a strong steepening of the UK yield curve in 2025. At the front end of the curve, we believe yields

Volatile stock markets ahead of US president Trump’s ‘Liberation Day’ speech could weigh on asset price estimates for the LGPS triennial valuation.

(Shutterstock)