Bank balance sheets lack capacity to intermediate the surging amount of trading in the US government bonds
An uncoordinated, decentralised and gradual buyers’ strike is the actual danger
Rises in government bond yields and weakness in the yen could have spillover effects on other markets
Private-sector lenders say official creditors led by China and France have ‘unreasonably’ blocked a deal
Long-term yields ticked up after president nominated former governor to lead US central bank
The move could be the catalyst that brings tokenised money more into the financial mainstream
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
The tide is turning against value shares as government bond yields decline
Investor appetite for blue-chip debt remains strong despite a choppy week for stocks triggered by Trump’s tariff threats
Japan will hold shortest-ever general election campaign period before voting next month
Britain’s ‘King in the North’ rattles markets a very tiny little bit
Sovereign issuers are curbing sales of long-term bonds to blunt damage from higher borrowing costs
This is NOT investment advice
Prime minister has vowed ‘responsible fiscal expansion’ as she heads for an election but needs to convince debt managers
Traders sell sovereign debt ahead of snap election that could give PM Sanae Takaichi fiscal spending mandate
A successful snap election would strengthen Sanae Takaichi’s mandate for increased government spending
The region’s vast holdings of US government debt give it leverage with the Trump administration
Gilty pleasures
Defaulted debt jumps more than 25% as investors hope protests will reduce support for groups such as Hizbollah
Rate cut bets and easing tensions over government borrowing fuel gilts rally
The strategy now accounts for over 6% of the US government bond market, according to Morgan Stanley
A taxonomy of the engorged and utterly systemic US repurchase market
Nicolás Maduro’s removal has opened the door to a huge and complex debt workout
One-year repo agreement will also help Javier Milei’s government build vital dollar reserves
Bondholders could get Bakerised
