Marlborough’s Athey appears on Bloomberg TV

During the interview, James explained why he and Co-Manager Niall McDermott believe bond yields look attractive and said they were “happy to lean into bond market weakness”.

James added that the pair were increasing their exposure to higher duration bonds – those more sensitive to interest rate changes – as they looked ahead to rate cuts.

During his appearance, James shared his views on the macroeconomic backdrop; the interconnected relationship between economic growth, the labour market and inflation; and the potential risks posed by ‘stagflation’, which is the combination of weak or stagnant economic growth and high or rising inflation.

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