"Subsequently, short-dated paper, property and equities should all outperform bonds."

“Your comment re 'bond bubble bursting'.

“Do you think that property and equity values would hold up if there was a rapid adjustment in Gilt/Treasury yields? Or would a definitive end to the Bond bull-market lead to a re-appraisal of ALL investment yields?”

Eoin Treacy's view Thank you for this question. To use the full quote “ Contagion across asset classes and elevated volatility are a virtual certainty in the early stages of a significant rise in yields. Subsequently, short-dated paper, property and equities should all outperform bonds.”

Therefore I suspect that most risk assets will experience volatility, at least initially following the end of the bond bull market but short-dated paper, property and equities should all outperform bonds over the medium term.