Attractive bond yields in the United Kingdom 2/3

26 Mar

Attractive bond yields in the United Kingdom 2/3

UK economic indicators continue to show persistent fragility. The manufacturing PMI remains on a downward trend at 44.6, signaling difficult times ahead. However, the services PMI has rebounded to 53.2, suggesting potential support for overall GDP. The absence of the public sector in these measurements raises concerns that ongoing budget cuts could further challenge growth prospects.

Key Points

  • Economic weakness continues into 2025
  • Uncertainty does not support the British economy
  • Leading indicators confirm GDP stagnation
  • Labour market still adjusting
  • Household confidence not improving
  • Inflation not yet under control
  • BoE hesitates but will probably cut rates in May
  • The bond market now looks more attractive
  • Towards a period of stabilization for the pound
  • Securitized real estate still awaiting rate cuts
  • FTSE 100 reaches target of 8,800 points