Nationwide Building Society has slashed interest rates once again in another win for borrowers. The high street lender has announced it has cut rates on personal loans for those borrowing over £7,500 This comes after the Bank of England’s decision to reduce the UK’s base rate from a 16 -year high. The central bank’s Monetary
Illustration: Binay Sinha 2 min read Last Updated : Aug 08 2024 | 10:03 AM IST Amidst global economic uncertainty, India’s equity and fixed income markets are displaying cautious optimism. India’s 10-year bond yields rallied by more than 10 bps over July 2024 and US 10-year yields are down by more than 35 bps.
Investors may want to consider bonds to help navigate the market’s recent volatility. Joanna Gallegos, BondBloxx co-founder and CEO, recommends prioritizing income and high-yield bonds. “It can be really important to start looking at fixed income as you start to diversify and manage more risk,” she told CNBC’s “ETF Edge” on Monday. Gallegos also suggests