With rates across the developed world starting to fall from highs not previously seen in more than a decade, investors have continued to lock in attractive yields from bond funds. According to the latest Calastone fund flow report published in November 2024, fixed income funds saw their highest inflows since June 2023 while equity funds lagged.
But following Rachel Reeves’ Autumn Budget, and Donald Trump due to begin another term at The White House next year, will inflation stay higher than central banks previously expected? And what does this mean for bond investors?
Head of fixed income, St. James's Place Wealth Management