The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP expansion. That ...
We forecast steeper curves as the ECB lands just below neutral and upward pressures from higher UST yields spill over to the ...
Dutch pension funds are preparing for significant reforms, and given their sheer size, swap markets will be impacted.
German Bunds remain still face structural headwinds, but there are aslo arguments for stabilisation versus risk free rates ...
Three calls for the Dutch economy in 2025: consumption, inflation and productivity growth After two years of shallow ...
Spreads to US rates have shot wider, and we see little reason for them to narrow any time soon. In fact, the trend suggests ...
Sovereign related and supranational issuers are not just caught up in the reassessment of sovereign risk but also face ...
Eurozone bond performance is now less about general trends than individual country stories where a relative reordering has ...
The central bank's policy statement was more dovish as it acknowledged that inflation is moving sustainably towards target ...
USD: China respite. The dollar was a little softer against most currencies on Monday after Chinese policymakers said they ...
An overview of what 2025 holds for rates, including curve shapes, the spreads environment in derivatives, and the eurozone SSA space. We’ll also delve into US debt dynamics and funding pressures, and ...
A look at the key themes for rates in the year ahead, including a widening of SSA spreads, reforms to Dutch pension funds, steeper EUR curves, and more ...