Bond Traders Pounce on Gilts That Were Hammered in the Selloff

A dramatic selloff in the UK’s bonds since conflict broke out in the Middle East is a buying opportunity for a handful of investors willing to brave the volatility.

Fund managers at the likes of Russell Investments, Marlborough Investment Management and Nedgroup Investments have grabbed exposure to gilts in recent days, during wild gyrations that drove short-term yields to the highest in nearly a year.