Many Happy Returns

Government bonds just got interesting

Jun 29, 2022 · 37 min · Episode 24 · 45.2 MB
0:00-37:39

Streams straight from the publisher. podnod never proxies or re-hosts episode audio.

Government bonds are considered the steady - perhaps even boring - investment class. But this year has seen the biggest bond crash in a generation, as inflation runs wild and central banks pretend not to panic.

As if things weren’t interesting enough, the European Central Bank is concocting a new wheeze to keep bond spreads in check, the Bank of Japan is printing record-breaking amounts of money, and Russia has defaulted on its debt.

We try to make sense of all this and wonder whether now might be the time to buy government bonds? And if so, which ones?

And in today’s Dumb Question of the Week: Why don't governments issue perpetual bonds?

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This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.


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