Richard Bishop

Apr 20, 2024 | moneymarketing.co.uk | Caitlin Jordan |Ed Dymott |Richard Bishop |David Lamb

With holders of cash potentially about to be caught out by cuts in interest rates, why does short-dated fixed income offer a natural home for this capital? After over a decade of near zero interest rates, the return of inflation forced central banks around the world to raise these. One of the asset classes that benefited most during this period was cash which began to offer above nominal yields once again, naturally prompting some investors to increase their allocations.