Reading Time: 5 mins There is a financial market out there called the bond market which is worth over £100 trillion (yes, you read that right…well over £100 trillion). Most of the time it barely gets a mention in the newspapers or on the television news. Yet what happens within this global market has a crucial bearing on your mortgage payments, the value of our currency, the health of your pension fund and the interest rate you get on your savings. Quietly, in the background, this market has been doing some worrying things in recent years. While it used to be seen as a relatively safe and non-volatile market to be in, it is now increasingly shunned by investors as it has been offering negative returns. Tim Price, from Price Value Partners, who spent the first couple of of decades of his working life trading in the band market, explains the issues What is the bond market? What are bonds usually good for and why are they used in pension funds? What has been happening to the...