Read Providence’s views in the recent article in the Financial Review (by Sally Patten, 5th February 2018); Time for investors to sell long-dated bonds.
“Our view for some time has been that global bonds are extremely expensive. We believe that the bull market is now over. We would want to be very cautious about owning government bonds, which are supposedly risk-free. On a mark-to-market basis, there could be some substantial falls,” Mr Patterson said.