As Good As Gold?

It's more than a decade since an American investor described the UK's gilts market as resting "on a bed of nitroglycerine". But with government bonds facing a plethora of troubles right now, from surging issuance driven both by current deficits and monetary policy, to persistent inflation, it's time to turn again to UK investor and self styled "bond vigilante, Jim Leaviss of M&G to ask if there has ever been a worse time to hold a gilt.Presented by Neil Collins, with the somewhat tardy participation of Jonathan Ford.With Jim Leaviss.Produced and edited by Nick Hilton for Podot.In association with Briefcase.News Hosted on Acast. See acast.com/privacy for more information.