Weekly note for Aug 21st: Short gilt yields near peak, Gravis funds merger, and energy efficiency bargain

After a two-week break – including lovely island of Lundy (no puffins) – we are back to the weekly note for a few more weeks. Bumper investment ideas this week but no links (bumper links next week)

Macro notes 1: Rates

I think there is a reasonable chance we are reaching an interesting juncture with rates. Everyone and their dog now believe that inflation rates will stay higher than expected and that central banks and the BoE especially will continue to raise rates and then keep them there. As I write the 2-year bond yield is now at 5.21% and if UK…