The Bank of England (BoE) Monetary Policy Committee voted 5-4 in the first week of August in favour of cutting interest rates. The narrow decision saw interest rates slashed by 25 basis points from a 16-year high to 5%. However, BoE's Governor Andrew Bailey has noted that the central bank will be cautious with its monetary policies and rate cuts in the near future. This decision is likely to stir up various markets, including real estate, stocks, and fixed-interest products.

At its June 6, 2024 meeting, the European Central Bank slashed interest rates by 25 basis points down to 3.75%. It’s the first time that ECB has cut rates since 2019, putting it ahead of the Bank of England and US Federal Reserve. More importantly, the much-awaited decision is a good sign for expat investors , particularly those interested in bonds and fixed-income investments. In this article, we'll cover what you need to know about navigating the bond market off the back of