After a year or two of getting used to a liquid UK inflation market, pension funds have been thrust back to the bad old days of early 2006. Back then, a lack of inflation supply pushed the yield on the 50-year UK index-linked gilt to a record low of 0.38% on January 18, 2006. Pension schemes, under pressure from the UK Pensions Regulator to eliminate deficits, had piled into long-dated nominal and inflation-linked assets, helping to create a nasty supply-demand imbalance.

The same thing is ha

To continue reading...

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 indvidual account here: