Rates & Macro
Curves, central banks, the macro view.
19 Aug 2026The Stem Beneath the FlowerThe long end of the bond market has been supported for two decades. As that support fades, markets are discovering what it really costs to keep the flower standing.5 min14 Jul 2026Could a Railway Change the Price of War?Could Hormuz eventually become a regional security story rather than a global macro story?5 min26 Jun 2026Super El Niño: The Yield Curve’s Hero or Inflation’s Villain?Could climate change become a structural source of inflation? 3 min23 Jun 2026A Clear Picture of the Wrong ProblemThe UK's new bond market transparency programme arrives just in time to give investors a clearer view of why they shouldn't be buying2 min
