The chorus of stockbrokers, wealth managers and financial advisers urging their clients to buy short-dated gilts is almost deafening. They point out that if you buy a low-coupon gilt, such as Treasury 0.125% redeeming at the end of January 2026, and hold it to redemption, you are guaranteed a return of over 10%, equivalent to an annualised return of roughly 4.5%. Nearly all this
A sounder bet than gilts
Oct 06, 2023
2 minutes
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