Is Now a Time for Stocks Over Fixed Income?
The Bank of England may soon discover another hurdle in its bond-purchase program. During the first weeks of its rebooted quantitative-easing plan in August, the central bank encountered reluctance among sellers of longer-dated government bonds. Now it’s set to face a relative scarcity of targets in a different maturity group, those coming due in seven to 15 years, and that may push up prices. Aviva Investors Head of Multi Assets Peter Fitzgerald discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."