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Staying invested during volatile markets

Last Updated: July 4, 2025

The S&P 500, an index comprised of the 500 largest companies in the US, is down -20% from its value at the start of the year. Even UK government bonds, considered to be one of the safest and least volatile asset classes, are down by double digits. Bond prices move inversely to interest rates, and so this year’s rising interest rates have adversely impacted prices, ending what had previously been a 10-year bond market rally supported by a steady decline in interest rates.

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