One of Bill Clinton’s top advisers memorably said that he would like to be reincarnated as the bond market “because you can intimidate everyone”. But in recent years, the most powerful fixed-income market of all has been scaring its own...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bond vigilantism is resurgent in the market for sovereign debt. That emerged with remorseless clarity from the brutal sell-off of UK gilts...
Financial markets are falling into line with the Federal Reserve’s outlook for US interest rates, as stubborn inflation data forces investors to relinquish their bets on extensive cuts this year.This month traders have slashed their bets on the number of...
Stay informed with free updatesSimply sign up to the Capital markets myFT Digest -- delivered directly to your inbox.Chris Rokos’s hedge fund has racked up profits of more than $1bn so far this year after a bet on US interest...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The top US securities regulator has played down the impact on hedge funds of a new rule tightening oversight of the Treasury...
Another year means another round of trying to answer the market’s favourite question: Who, exactly, is going to buy all these Treasuries? Goldman Sachs predicts the US will issue a record $1.4tn of coupon-bearing notes and bonds this year, on...
A sell-off in global bond markets combined with a rally in stocks this year shows that investors’ all-consuming obsession with the path of inflation and interest rates may finally be ending, say analysts.Wall Street has led a 3.8 per cent...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Yield-curve inversion is the most fun recession indicator. This is mostly because of the still-inexplicable fact that 2019’s inversion was followed by...
Stay informed with free updatesSimply sign up to the Sovereign bonds myFT Digest -- delivered directly to your inbox.The first passive bond fund launched nearly four decades ago, and ever since then people have mostly made fun of the whole...
Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest -- delivered directly to your inbox.US regulators are bringing high-speed traders and some hedge funds under direct supervision in the $26tn Treasury bond market, enacting a...
