Add this topic to your myFT Digest for news straight to your inbox
An ‘inflection point’ approaches, says Barclays, and not the good kind
Fund says deal reached with holders of $13bn of foreign bonds does not reduce debt load sufficiently
Mainland equity issuance is the worst on record this year in a sign of low investor confidence
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
Move by Alex Gerko’s market maker bucks trend among financial firms to outsource to Big Tech
Kristalina Georgieva calls for measures to boost productivity and lower debt to avoid ‘tepid twenties’ era
SEC rules on departure fees for institutional prime money market funds will drive up costs, say firms
Figures for consumer prices and core inflation exceed expectations
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
The treachery of ‘systemic risk’
Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic
French government to receive golden shares to protect sensitive assets linked to military
Markets price in more than two quarter-point cuts, compared with more than six expected at start of 2024
Also in today’s newsletter, a new report takes aim at the ECB’s ‘carbon bias’
😉
What lessons can we learn from Jamaica’s example?
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
Dutch government has floated idea of ditching capital instrument that is indispensable for issuers and investors
Chatting with a semi-interested American about semi-annual interest
Markets can be corrupted and are not fail-safe alone
Gold touches fresh record high while oil prices rise
International Edition