A Credit Market Under Pressure
Last March, the rise in bond yields had shaken the American banking system, sending three regional banks into turmoil. A massive fire sale and a...
Tag: interest rates
High inflation for a long time
The most crucial question investors will have to consider in the coming years is undoubtedly the following: will inflation prove to be “transitory,” as the...
The worst bond market in 236 years
There has never been such a prolonged period of losses in the bond market as in the last three years. Indeed, it is challenging to...
The Indian Central Bank adopts a hawkish stance with a surprise bond plan
The Reserve Bank of India has adopted a hawkish policy stance, stating that inflation remains too high and that it might take measures to absorb...
The day after tomorrow
Not long ago, the world lived in a time when money flowed freely and was inexpensive. Interest rates in the U.S. were close to zero,...
Oil and the Dollar, a Dangerous Mix for Global Growth
Can the global economy withstand a $100 per barrel oil price next year? Because a triple-digit price wouldn’t just mean higher energy prices but also...
The bond market krach: the perfect storm
Global bonds have plummeted at an astonishing speed. The yields on 10-year Treasuries will likely surpass 5%, marking the first time since 2007, after rising...
Why an American Recession Should Remain the Main Scenario
Could the Fed be wrong? In its recent projections, including the one for 2024, with a 50 bps decrease, the central bank no longer considers...
Is the world heading towards stagflation?
Millions of borrowers worldwide face a generation’s most radical monetary tightening campaign. If we are near the end of the economic cycle, several structural elements...