Tommy Stubbington

Friday, 3 March, 2023

Tuesday, 24 January, 2023

Sovereign bonds

EU debt suffers under competition with sovereign borrowers

Bonds issued by European Commission trade with higher yields than Germany and France

Friday, 13 January, 2023

Sovereign bonds

Global bond market rebounds strongly as inflation fears recede

Fixed income is recovering from last year’s rout, restoring its traditional role as a haven against economic downturn

Friday, 13 January, 2023

Emerging market investing

Emerging market governments raise $40bn in January borrowing binge

Developing countries take advantage of brightening sentiment to kick off 2023 with hefty international debt sales

Wednesday, 11 January, 2023

Egypt

Egypt’s pound plunges to new low as authorities try to stem currency crisis

Country has shifted to more flexible exchange rate as part of $3bn IMF rescue deal

Thursday, 5 January, 2023

Capital markets

Global negative-yielding debt wiped out by Japan policy shift

Market value of such bonds falls to zero for first time since 2010

Friday, 30 December, 2022

Equities

Stock and bond markets shed more than $30tn in ‘brutal’ 2022

Central banks’ inflation battle and war in Ukraine trigger big swings

Friday, 23 December, 2022

Capital markets

Big investors warm to bonds after historic 2022 sell-off boosts yields

Role of debt has failed in many portfolios, but some fund managers expect resurgence

Thursday, 22 December, 2022

Equities

US stocks slide as weak earnings and strong data weigh

Tesla and chipmakers lead the decliners as worries grow about the outlook for earnings in 2023

Wednesday, 21 December, 2022

Equities

Global stocks rise as markets digest Bank of Japan policy change

Bonds steady after investors sense BoJ is softening its stance on ultra-loose monetary policy

Monday, 19 December, 2022

Markets26 min

Fractured markets: the big threats to the financial system

Cracks form in global markets as central bankers get tough

Tuesday, 6 December, 2022

Gilts

‘Who is going to buy?’ UK set to unleash historic debt deluge

Government will need to issue around £240bn in gilts a year for the next half decade to finance its spending

Monday, 5 December, 2022

News in-depthMarkets volatility

Financial instability: the hunt for the next market fracture

Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

Friday, 2 December, 2022

FT News Briefing podcast11 min listen

The corporate backlash against net zero

Emerging market stocks and bonds staged a rebound on a dollar sell-off

Thursday, 1 December, 2022

Emerging market investing

Emerging market stocks and bonds stage powerful rebound rally

Signs of slower interest rate rises in developed economies drive best month for EM debt in 24 years

Tuesday, 29 November, 2022

Eurozone inflation

Investors bet on peak inflation after price growth slows in Germany and Spain

Figures fuel hopes of lower inflation in the eurozone but food prices continue to surge

Sunday, 20 November, 2022

US Dollar

Dollar tumbles from 20-year high as US inflation eases

Slowing price growth sparks speculation Fed will cool pace of rate rises

Thursday, 17 November, 2022

Autumn Statement

UK markets take Autumn Statement in stride

Modest reaction to fiscal announcement marks stark contrast to previous government’s mini-Budget

Wednesday, 16 November, 2022

UK public finances

Investors warn UK government on dangers of new austerity wave

Cuts to public spending must be balanced with recession risks, say fund managers

Tuesday, 15 November, 2022

The Big Read

The cracks in the US Treasury bond market

The meltdown in UK gilts exposed the vulnerability of large bond markets. Could the biggest of them survive a wave of selling?

Friday, 4 November, 2022

News in-depthPound Sterling

‘Better, but not good’: investors cautious on sterling after rebound

Pound has recovered from record low against the dollar but economic woes cloud the outlook

Thursday, 3 November, 2022

The Big Read

How long can Japan’s central bank defy global market forces?

Governor Haruhiko Kuroda is betting on a royal flush of macroeconomic outcomes to win the battle. But the costs, and the risks, are rising

Tuesday, 1 November, 2022

Sovereign bonds

Bank of England begins selling bonds as it unwinds QE programme

Sale of £750mn of short-term government debt comes as UK central bank seeks to trim balance sheet

Thursday, 27 October, 2022

Eurozone economy

ECB raises rates by 75 basis points as markets detect ‘dovish pivot’

Euro and government borrowing costs fall after Christine Lagarde highlights mounting risk of recession

Wednesday, 26 October, 2022

UK public finances

Hunt seeks breathing space with new date for UK Autumn Statement

Calmer markets could shrink forecasts for fiscal hole facing chancellor and new PM in debt-cutting package

Capital Markets correspondent

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