Investors go long in the search for yield

Investors are buying longer-term debt sensitive to rate shocks

Monday 23 March 2015 at 10:36

Investors go long in the search for yield

Bond investors are going long. The question is whether they will regret it.

The European Central Bank's colossal dose of monetary stimulus has crushed the returns available on bonds, encouraging investors to buy longer-term debt that offers higher rewards.