Fund managers snap up bonds on growth threat from Iran war
After sharp market sell-off, debt investors shift focus from inflation fears to likely damage to economies
After sharp market sell-off, debt investors shift focus from inflation fears to likely damage to economies

Conflict will intensify the mounting global debt and inflation risks

The consensus view of the impact of the Iran war on equities and bonds may well prove too sanguine

Sometimes crises do not blow over as investors might hope

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Government bonds face one of worst months of past decade as investors warn of ‘deterioration’ in public finances

Managers have struggled to navigate huge market swings sparked by conflict