UK gilts draw record foreign investment and yes, this does affect you!

New figures have shown that international investors bought a record £28.87 billion of UK gilts in October and November of last year; the highest two month figure since the Bank of England started to collect data in 1982. Demand Demand for UK gilts has been increased partly due to the Bank’s program of Quantitative Easing (QE) as well as with the Eurozone crisis, which has caused investors to see the UK, which still has a AAA credit rating and is outside the Euro, as a safe haven. Many investors are concerned about the stability of European banks and the low interest rates currently ...