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19.11.25 - 09:48
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Fall in UK inflation looks like turning point that heralds interest rate cut (The Guardian)
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Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to actUK inflation eases to 3.6% before crunch budgetBusiness live – latest updatesAfter three months on a high plateau, inflation is beginning to ease again. The drop from 3.8% to 3.6% in the October consumer prices index sets the UK on a downward path that reduces the pressure on shoppers, businesses and the government.Never mind that City economists had expected a fall last month. It appears to be a turning point back towards normality after a topsy-turvy year that everyone wants to put behind them. Continue reading......
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19.11.25 - 09:00
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Corporate Bonds 2026: Gefragte Solidität (DZ Bank)
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Das Segment der Unternehmensanleihen dürfte sich auch im kommenden Jahr als verlässlicher Ertragslieferant erweisen. Bodenständige Bilanzen, eine anhaltend hohe Investorennachfrage sowie die relative Attraktivität der Asset-Klasse sprechen für stabile Spreadniveaus.
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18.11.25 - 23:57
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Japan Bond Yields Soar To Record, Slamming Door On Stimulus Just As Economy Implodes Amid Escalating China Clash (ZeroHedge)
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Japan Bond Yields Soar To Record, Slamming Door On Stimulus Just As Economy Implodes Amid Escalating China Clash
Back in 2024, it was the story of the summer, but now with a relentless waterfall of news stressing traders - and that excludes the hourly blasts from Trump's truth social account - it has become impossible to filter the firehose of newsflow, let alone trade it.
Which is why some may have missed the big store of the night which is that Japanese yields are once again breaking out in the back of the curve, with new cycle highs in the 20yr and 40yr weighing on sentiment and risk, and sending the Nikkei not only back below 50K, but below 49K, down 7% from the local record high hit on Halloween.
And with the recent surge in yields, driven by new PM Takaichi's plans for a fresh stimulus boost (see "Japan ruling-party panel proposes $161 billion extra budget to fund stimulus"), now that the country is basically back in recession after the catastrophic Q3 GDP print which tied ...
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18.11.25 - 19:15
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Navigating The Curve: The Allure And Risks Of Long-Dated US Treasuries (ZeroHedge)
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Navigating The Curve: The Allure And Risks Of Long-Dated US Treasuries
Authored by Mario Eisenegger via BondVigilantes.com,
Compared to a year ago, the US Treasury curve has steepened considerably.
While yields at the front end have dropped due to anticipated rate cuts, the long end of the curve has not budged.
In fact, long-end bonds have sold off, giving bond investors the opportunity to lock in elevated yields.
That's quite a tempting thought, considering we're talking about the US, which sets the global reference rate for many asset classes.
Source: Bloomberg, 31 October 2025
In economies where GDP growth is constrained by high levels of debt and unfavourable demographics, governments either need to hope for a productivity boom or be prudent with spending plans to keep debt-to-GDP metrics in check. Achieving the latter can be challenging given the pressures of rising geopolitical tensions and the structural incentives in democratic systems that often prioritise short-term spending commi...
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