Market News
Britons Buy Most Bonds in Four Years, Hargreaves Lansdown Says - BLOOMBERG
- Last month saw the most trading by volume and value since 2021
- Trend seen continuing due to high yields, tax advantages
By Greg Ritchie
A retail investment rush into the UK’s government bonds has sent purchases at the nation’s largest platform for private investors to the highest in four years.
Trading in gilts by both volume and value was the most since 2021 in January, according to Hal Cook, a senior investment analyst at Hargreaves Lansdown Plc, which oversees £157 billion ($195 billion) of assets. He expects volumes to stay elevated due to high yields and tax advantages for wealthy Brits.