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Tommy Stubbington

Capital Markets correspondent
Email Tommy Stubbington @tomstub (link opens in a new browser window)
Email Tommy Stubbington @tomstub (link opens in a new browser window)

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  • Thursday, 28 January, 2021
    Runaway Markets
    Emerging markets borrowers sell debt at record rate in January

    Issuance ‘tsunami’ comes as governments and companies seek to lock in low interest rates

  • Wednesday, 20 January, 2021
    Pound Sterling
    Pound hits 8-month high against euro on UK economy hopes

    Inflation figures and speedy vaccine rollout expected to reduce pressure on BoE to cut rates

  • Tuesday, 19 January, 2021
    Eurozone reform
    EU faces barriers to boosting single currency’s global status

    Bloc yet to settle investor doubts about structure of eurozone despite weight provided by recovery fund

  • Tuesday, 19 January, 2021
    European Central Bank
    Strong euro shows limits of ECB’s power in tackling deflation

    More aggressive easing may not have much impact on lifting inflation to bank’s 2% target

  • Wednesday, 13 January, 2021
    US Treasury bonds
    US Treasuries dance to different tune as fiscal policy takes precedence

    Bad economic news is no longer boosting US government debt in break with tradition

  • Wednesday, 13 January, 2021
    Sovereign bonds
    Spain draws more than €130bn of orders in record sale of 10-year debt

    Country’s latest bond issuance flooded with demand from ECB-supported market

  • Thursday, 7 January, 2021
    Equities
    Global stocks rise as investors shrug off chaos in Washington

    Capital markets steady despite violent clashes on Capitol Hill

  • Wednesday, 6 January, 2021
    US Treasury bonds
    US government bonds sink on Georgia reflation bet

    Ten-year Treasury yields breach 1% as investors bet Democrats are poised to win control of Senate

  • Tuesday, 5 January, 2021
    News in-depthBank of England
    Investors sceptical over Bank of England’s QE programme

    FT survey finds big players in bond market think plan is attempt to finance government deficit

  • Promoted Content
  • Thursday, 31 December, 2020
    News in-depthMarkets
    Central bankers to retail punters: who shaped markets in 2020

    Our pick of the people who captured the key moments and trends of the year

  • Wednesday, 30 December, 2020
    Markets InsightCapital markets
    Why obituaries for the bull market in bonds might be premature

    The case for why fixed-income assets may defy widespread expectations of a sell-off in 2021

  • Thursday, 17 December, 2020
    Pound Sterling
    Pound heads for best week since March on UK-EU trade deal hopes

    Sterling trades at its strongest since May 2018 after market moves to price in agreement

  • Wednesday, 16 December, 2020
    News in-depthCapital markets
    Spectre of higher inflation threatens historic bond rally

    Some fund managers warn that the market is ‘complacent’ over risks of more rapid price growth

  • Friday, 11 December, 2020
    News in-depthBrexit
    Nine things you need to know about a no-deal Brexit

    FT writers look at the impact of a failure to agree a trade deal, from sterling to food supplies

  • Thursday, 10 December, 2020
    Currencies
    Euro rallies as ECB extends bond-buying programme

    Italian, Spanish and Portuguese bond yields hovered around all-time lows

  • Thursday, 10 December, 2020
    Pound Sterling
    Pound falls after ‘large gaps remain’ in UK-EU trade talks

    Current level still suggests investors think a deal is likely, say analysts

  • Wednesday, 9 December, 2020
    Emerging market investing
    EM countries tap ‘red-hot’ markets in late-year borrowing spree

    Lower-rated borrowers such as Montenegro have attracted investors seeking higher yields

  • Monday, 7 December, 2020
    Pound Sterling
    Pound falls as Brexit trade deal anxiety grows

    Stand-off over rules governing future competition between UK and EU have shaken confidence, say strategists

  • Monday, 7 December, 2020
    Monetary policy
    Investors bet ECB will do what it takes to keep borrowing costs low

    Lagarde’s interventions have helped put a lid on bond yields even for weaker borrowers

  • Friday, 4 December, 2020
    Gilts
    UK debt office faces MPs’ scrutiny over government bond deals

    Questions over whether bond issues have achieved best results for taxpayers

  • Wednesday, 2 December, 2020
    UK interest rates
    Investors unwind bets that Bank of England will cut rates below zero

    Vaccine breakthroughs have shifted market focus to ‘upside rather than downside risks’

  • Tuesday, 1 December, 2020
    US Inflation
    US inflation expectations hit 18-month high on vaccine hopes

    Investors see ‘sugar rush’ from rebound while markets still flush with central bank cash

  • Sunday, 29 November, 2020
    ExplainerMarket Questions
    How resilient is the US jobs market?

    Market Questions is the FT’s guide to the week ahead

  • Friday, 27 November, 2020
    Gilts
    UK inflation-linked bonds rise despite hit from RPI move

    ‘Counterintuitive’ rally comes after Wednesday’s decision that index is to be replaced from 2030

  • Thursday, 26 November, 2020
    Sovereign bonds
    Portugal’s 10-year bond yield drops below zero

    Expectations that the ECB will expand its emergency asset purchase programme drives debt rally up

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