Rates: Curve pivots and steady spreads
We expect elevated real rates, steeper curves and stability in Treasuries, Bunds and swaps
US Money Markets: Circumstances auger for terming out
Repo has calmed, and the Fed has a handle on the liquidity circumstances. We like terming out on a theory that the Fed does not deliver on discounted rate hikes
A bigger round of Dutch pension transitions puts curve steepening back in play
A significantly larger amount of Dutch pension assets will transition in 2027, and we could start seeing more 10s30s steepening soon
Our view on Armenia, Azerbaijan, Kazakhstan, Uzbekistan amid an upgrade in commodity prices
Bond yields are higher, but reasonably well-behaved. We don't expect it, but things could easily get ugly very quickly
Rates: The hidden force pushing gilt yields to record highs
CIS-4: Early implications of war in the Middle East
Rates: Lessons from the Iraq war
La siccità del Reno mostra perché il commercio deve adattarsi al clima che…
Ora la siccità rallenta l’economia tedesca
Eurozona, giù le vendite al dettaglio: i consumi restano il punto debole
Govie & Covered Supply: March details and 2026 overview
Rates – turning Japanese, I really think so
Japan and South Korea: Big moves, big opportunity
A rates opportunity in China
Rates Outlook 2026: Situation Normal, All Fuddled Up
We're in a SNAFU situation: there’s a strong chance 2026 is another chaotic year for rates
Feels normal, but bounded by extremes: 3 calls for rates
Rates and curves in 2026
Rates: Long ends get some personality
US Money Markets: Repo tight enough for the Fed to build bills
GBP Money Markets: A funding reshuffle is testing liquidity plumbing
EUR Money Markets: Upward pressure from declining liquidity still gradual
Rates: Yields want to test lower first – let them overshoot
The pivotal Lisa Cook case: a tipping point?
