Analysis: Interest Rates

Interest rates: Knock-knock, it's inflation!

Intoxicated by the rise in equity markets and promises of future rate cuts, we thought we'd done away with inflation for good. But then, like a hiccup, inflation came back to bite investors in the...

Inverted yield curve no longer reliable recession flag, strategists say

A key indicator of an oncoming recession implied by the U.S. bond market is no longer reliable, according to nearly two-thirds of strategists polled by Reuters....

Rates: Thanks Jerome!

Jerome Powell's speech to the U.S. Senate removed any doubt as to what to do next. The ECB followed suit, suggesting that inflation was on the right track. Markets applauded as bond yields eased.

Rates : One indicator chases another

Inflation is a bit like investment: it's not always easy to follow through. As proof of this, last Thursday's publication of the US Household Personal Spending Index did not confirm the information...

Rates: Japan still moribund

If, for you, Japan is synonymous with technology, Geishas and Toyota, you'll be disappointed by what follows. If, on the other hand, you're interested in the monetary mechanisms of one of the world's...

Interest rates: The first cracks start to appear

The stock market rally underway since October was fueled not only by the productivity gains generated by AI, but also by the return of inflation towards 2%. While the first pillar is still holding...

Rates: Waiting for the CPI

If you were away from markets last week, rest assured that you didn't miss much. In the absence of major events and after the central banks, investors have had little in the way of crisp statistics to...

Rates: The Fed turns a blind eye (and everyone laughs)

Unsurprisingly, the Fed kept its key rates unchanged at 5.50%. The real question, however, was whether investors were right to anticipate six rate cuts this year, with the first move in March. The...

Rates: An ECB meeting for nothing

Unsurprisingly, the European Central maintained its main key rate at 4%. It explained that it would be premature to bet on a rate cut in the near future, but left the door open for an easing in the...

Rates: Hot off the press!

To cut rates or not to cut rates in March? Speculation is still rife between the rhetoric of some and the expectations of others. Last week, the Fed brought its hawks out of the woodwork, as did the...

Rates: The CPI didn't impact investors

The publication of the US consumer price index was expected to set the pace for investors around the world this week. In the end, the announcement was a dud, and neither indices nor interest rates...

Rates: Jerome, how are rates this year?

Making predictions is a dangerous game. Rather than throwing out the end-of-year stock market index levels, we're going to take a slightly different angle and try to give you the keys to reading the...

Rates: The Friday bet that stirred up Wall Street

The U.S. Treasury bond market went into a frenzy yesterday, after a trader placed a large bearish bet on the U.S. 10-year. In all likelihood, this was a hedge or speculation on the strength of the...

Rates: Banzai!

This year, the financial markets are celebrating Christmas a little early. Champagne, petits fours and a healthy dose of risk are on the agenda. Let's hope it doesn't end in a hangover.

Interest rates: What if we've got it all wrong?

Falling interest rates are a mantra chanted by investors the world over. A return to easy money has been one of the driving forces behind the rise in equity markets since the end of the great...

Rates: So far, so good

Without a doubt, November will go down in the annals of history as a banner month. The stock market rallied strongly on the back of a narrative that continues to revolve around falling inflation, a...

US 10Y Cash : Black Friday week

In the absence of any major macroeconomic data due to Thanksgiving, the markets remained relatively quiet last week. However, the return to business is already underway, and Black Friday sales will be...

Rates: Inflation slows, rates ease and the market applauds

Last week's key event was undoubtedly the publication of the consumer price index, which set the world alight. The soft landing scenario is taking on new color against a backdrop of inflation control....

Rates come to their senses

In the absence of significant macroeconomic data, interest rates are easing after the central bank announcements made earlier this month. We'll be keeping an eye on future movements alongside the...