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/ 18 February 2008

Wait for the sell-off, then buy bonds

The recent turmoil in financial markets has not been confined to equities. Bonds have been the worst-performing asset class for two years running, returning a dismal 4,2% in 2007. Does this mean the tide is ready to turn, that it can’t get any worse and that investors should pile back into bonds again after two really bad years?

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