UK investors dump bonds at fastest rate since 2020 amid Trump tariff turmoil and rate cut fears
UK investors pulled a staggering £1.2 billion from fixed income funds in April, the fastest pace of bond outflows since the early pandemic panic of April 2020, according to new data from global funds network Calastone. The sell-off came as President Trump’s April 2 “Liberation Day” tariff announcement sparked global market volatility and raised fears of an economic slowdown, triggering speculation that central banks — including the Bank of England — may need to cut...