Government bond traders see difficult markets heading into 2014

Fund manager Stratton Street suggests a better indicator of a government bond’s worth is its net foreign liabilities. It prefers Middle East and Asian sovereigns, particularly China, to US Treasuries

Most indebted countries countinue to build up debt

The recent downgrade of French government debt by Standard & Poor’s from AA+ to AA coupled with the continuing eurozone sovereign debt crisis and the near technical default of the US because of Congressional posturing over raising the debt ceiling has shaken confidence in the sector. The concept of a ‘risk-free’ sovereign may be something of the past.

Many managers argue sovereigns are becoming increasingly risky assets. In fact, one hedge fund has shunned the most indebted countries, which now

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here