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: monetary policy
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...
Forex is the first line of defence in Asia against the rise of the dollar
Central banks in the region have over $5.5 trillion in foreign exchange reserves that they can deploy to support their currencies, according to TD Securities’...
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...
FED decision: the market is still wrong
Federal Reserve Chairman Jerome Powell clearly indicated on Wednesday that the current cycle of rate hikes was nearing its end. However, he also confirmed that...
New Rise in Inflation in the US
Underlying inflation in the United States accelerated at a faster-than-expected monthly pace in August, leaving the door open for further interest rate hikes by the...