Investors Switch Out of Sterling Credit and Into Gilts -- Market Talk
Dow Jones
Feb 07, 2025
1002 GMT - Demand in the sterling corporate bonds market is falling as investors prefer to invest instead in U.K. government bonds where there are tax benefits, Barclays analysts say in a note. "The tax advantages of low-cash-price gilts makes them hard to beat as an investment for households paying the top rate of income tax," the analysts say. The tax benefits are diverting retail investments into the gilt market and away from corporate bonds where there are no such benefits, Barclays says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
February 07, 2025 05:02 ET (10:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.