All insights
European banks carry profit momentum into 2026
With most European banks having now reported their full-year 2025 results, we see the sector carrying solid momentum into 2026.
One-off budget boost for UK doesn’t change our outlook on Gilts
News of governments achieving their budgetary objectives or borrowing less than market forecasts has been a rarity in the last few decades.
Flash Fixed Income: AI and the software sell-off
Market focus has shifted in recent weeks from hyperscaler spending to the threat AI could pose to numerous software-as-a-service (SaaS) businesses.
AT1 issuance off to a strong start
Issuers in corporate credit have started this year on the front foot, capitalising on the current supportive market conditions and front loading their funding plans in anticipation of higher funding needs from the hyperscalers in the US, among other factors.
Decoding Warsh’s Fed balance sheet plans is far from simple
As Jerome Powell enters his final months at the helm of the Federal Reserve (Fed), market participants have been busy analysing the past speeches of his nominated replacement, Kevin Warsh, with the aim of forming a view as to how his hand is likely to be played.
Credit in a volatile world - slow and steady wins the race
The month of January has been a very eventful one for markets, mostly courtesy of geopolitical events, ranging from the capture of Venezuela’s sitting president and arguably culminating in Mark Carney’s speech at Davos.