Analysis: Interest Rates

Bond Market Says No Need for More Rate Cuts: Yardeni

Ed Yardeni, president at Yardeni Research, examines moves in the bond market which he sees as more about the US economy than the election. ...

Rates: Top in sight?

Amidst the persistent inflation that continues to grip the United States, the forthcoming election looms with a cloud of uncertainty, further complicated by a labor market that shows signs of...

Asset manager Vanguard buys gilts after budget-driven sell-off

The world's second-biggest asset manager Vanguard said on Friday it had bought UK government bonds in the wake of the new Labour government's budget, taking advantage of a sharp fall in prices. ...

BlackRock's Rieder: Not A Lot of Money to Be Made Out the Yield Curve

Rick Rieder, chief investment officer of global fixed income at BlackRock , says I find income really intriguing today, and you can build a ton of that, as he shares his views on the yield curve on...

UK's new finance minister Reeves lines up tax hikes and borrowing in first budget

Britain's new finance minister Rachel Reeves will announce what may be the biggest tax hikes in three decades on Wednesday in a bid to fix the country's sagging public services, alongside billions of...

US interest rate options price in Republican sweep, jump in volatility

Ahead of the U.S. presidential election next week, investors in interest rate options are putting on trades that will pay off if rates remain elevated, suggesting that the market is pricing in a sweep...

Sterling steady ahead of UK budget, set for first monthly fall since Sept 2023

The pound held steady on Tuesday, while sterling options rose to their highest since the start of the month, reflecting a modest degree of nervousness among traders a day before UK finance minister...

Rates: Move with the MOVE

Every stock investor worth his salt knows the index of fear: the VIX. But have you heard of the MOVE, its bond market equivalent? No ? Don't panic, here's a quick refresher.

Bond Vigilantes 'Mounting Up' Ahead of Election: Yardeni

Ed Yardeni, president at Yardeni Research, discusses the factors that have stocks in a bit of a melt up, and says the bond vigilantes are definitely mounting up in expectation of a sweep by either...

Sterling set for biggest four-week drop in a year before UK budget

The pound stayed on track for its biggest four-week decline in over a year on Friday, albeit it steady on the day, as investors cling to the dollar in choppy political and macroeconomic waters. ...

Futures under pressure as earnings loom; yields rise

U.S. stock index futures fell on Tuesday, as a selloff in bonds pushed Treasury yields higher, pressuring rate-sensitive stocks, while investors awaited a deluge of corporate earnings for a clearer...

Rates: Christine, Christine!

The only truly significant event of the past week was the European Central Bank's decision, once again, to cut interest rates by 25 basis points. The aim is to halt an economic downturn that is...

UK to rely on investment 'guardrails' to keep the bond market happy

Britain's Labour government is banking on its new system of spending watchdogs and public advisory bodies to reassure markets that the country can borrow more money to spend on infrastructure without...

Pimco's Balls: 5-Year Part of the Curve Good Place to Be

Andrew Balls, global fixed income chief investment officer at Pacific Investment Management Co. , says, the 5-year part of the curve looks attractive across a number of markets, including Europe,...

Rates: Between inflation and Fed minutes

The current equity market narrative has not suffered either from the US Federal Reserve's minutes or from a upturn in inflation. Only long rates continue to rise, supporting the dollar by extension....

Interest rates: The job market is doing well, thank you!

Among the many macroeconomic indicators available to investors, one is especially scrutinized: the US employment market. After two months in a row of mixed results, traders were eagerly awaiting the...

UK's Reeves promises 'guardrails' around extra borrowing in budget

British finance minister Rachel Reeves said she will introduce guardrails to ensure that extra borrowing for investment in her first budget is not excessive as she seeks to reassure investors about an...

China firms plan up to $15 billion in overseas bond issues in Q4 on stimulus boost, say bankers

Chinese investment-grade companies are lining up $10 billion to $15 billion in offshore bond offerings this quarter, as Beijing's economic stimulus measures cut fundraising costs and whip up...

Rates: US curve steepens (and this is traditionally not a good sign)

Smart money vs. dumb money. This is often how professional investors compare fixed-income markets to equity markets. After months of inversion, when short rates were higher than long rates, the curve...