Bond proxies such as Personal Goods (Unilever) or interest rate sensitive stocks (Construction, CRH) fared best at the end of the week, amid weakness in the pound and a sharp drop in longer-term Gilt yields. For some observers, it was the recent increased confidence in the US economy that was pushing the US dollar higher and Sterling lower at the end of the week, which according to some observers was in turn also giving Gilts' prices a leg up. Bond yields move inversely to their price. As of ...Den vollständigen Artikel lesen ...