Gilts have had a rough ride over the past couple of months in common with the government bonds of other major economies. Things are unlikely to improve for a while – we think the 10-year yield will hover around 3.5% during the first half of this year. But we then expect it to drop back to 2.75% by the end of 2011 and remain there or thereabouts during 2012.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services