The most surprising aspect of Fed Chair Powell's comments this week was the absence of a firm distinction between monetary policy tools...

US treasury investors were busy buying dips in the short end, seeing the “dovish hike” as a sign of being near the end of cycle as a...

In US treasuries the last six trading sessions had a 2yr range of anywhere from 37bp to 81bp. Today we only saw a 27bp range from the...

We have all witnessed, if not been a part player, in the turmoil of the last fortnight as markets have reacted more violently than most have

What a difference a day makes! Mondays panic saw a meltdown in prices as the market got to grips with the SNB move on AT1’s. CS AT1’s are...

US equities were weaker Friday on Friday led by bank stocks. US10yr Treasury yields were down 15bps to 3.43%, down 27bps over the week....

US treasuries bear flattened as equities rallied amid action taken to stabilize ailing banks. 2yr yields jumped to 4.20 vs overnight lows...

The March FOMC meeting is now priced between a pause and a 25bp hike, but looking further forward markets are now pricing in sharp cuts,...

The humble canary was used in UK mines until 1986, a simple effective indicator of a dangerous situation. We don't have to highlight what ha

The US February CPI data came in a bit stronger than expectations, with headline and core rising by 0.4% and 0.5% respectively from...

At the crux of the discussion surrounding the best possible outcome for SVB depositors is the ongoing interpretation of the anticipated acti

In the U.S. Consumer Confidence retreated yesterday as house price inflation was seen cooling. There was an unexpected jump in inflation,...