Welcome to the latest Walden Capital Market Insight.
In this issue you will find the following key points covered:
- Persistent government deficits mean US and UK debt keeps climbing, pushing long-dated bond yields to multi year highs
- UK Gilts now look riskier than US Treasuries, so our preference is to stay short-duration and tilted to emerging-market debt
- Central banks are buying gold at a record pace to hedge against bond valuation risk and currency debasement
For more information, please feel free to contact us.
