Central bank dam burst may see dash from cash

Taking action: People pass by the Bank of England building in London. The central bank narrowly voted for its first interest rate cut in four years last week. — Bloomberg

CATCH the cresting wave?

After numerous bruising false starts, there’s now a dash to lock onto what are still some of the highest government and corporate bond yields in 15 years before they evaporate as central bank easing finally gets underway in earnest.