Analysts tear up interest rate forecasts as inflation proves more stubborn than most had expected
The ‘convexity maven’ on his Wall Street tenure and why mortgage spreads look juicy
UK government bond purchases soar on DIY platforms as expectations for faster rate cuts fade
Figures for consumer prices and core inflation exceed expectations
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
Markets price in more than two quarter-point cuts, compared with more than six expected at start of 2024
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S&P 500 closes down 1.2% in worst finish since mid-February and investors rush into Treasuries
Low-rated sovereigns are borrowing again, but restructurings are still . . . weird
An all-time high for the yellow metal is a sign drawdown investors should examine their reasons for holding it
Chatting with a semi-interested American about semi-annual interest
Gold touches fresh record high while oil prices rise
Tight fiscal rules can prevent the kind of investment which has helped the city state to thrive
Fund manager projects Fed will cut interest rates more slowly than other central banks
They’re being too loud
Premium puzzles
Demand to lock in yields helps push spreads on high-yield bonds close to their tightest level since 2007
This strategy appears to be the path of least resistance for governments to reduce debt and keep bond vigilantes at bay
With financial risks lurking, Governor Ueda must maintain his cautious approach
Lawsuit against regulator is latest against chair Gary Gensler’s reform agenda
Yields have fallen in recent months despite warnings over rising deficit
The inversion will continue until morale deteriorates
Gap between the countries’ borrowing costs narrows while investors position for interest rate cuts
Investors turn to investment-grade debt as data points to resilient eurozone economy
The inflation battle may be almost over, but the fiscal war has just begun
International Edition