All insights
Attention Returns to Central Banks
After the most hectic week of the year to date, relative calm has at least temporarily been restored to markets.
Opportunity or Not?
Clearly the decision by Italian President, Sergio Mattarella, to refuse the appointment of Paolo Savona as the coalition’s Finance Minister, on the grounds of him being overtly eurosceptic, has backfired badly.
Lost The Dot Plots
During and since the global financial crisis the Federal Open Market Committee (FOMC) has done a remarkable job in navigating the US financial system under extremely challenging circumstances, setting the standard for other central banks to follow.
Italy Agreement: More Hope Than Expectation
We are currently of the view that the market panic generated by the plan published by the new Italian government is a bit excessive.
ABS Risk Tiering
European ABS market performance and volatility have been remarkably stable since 2016, largely weathering broader credit weaknesses so far this year.
How Concerned Is The Fed With The Yield Curve?
After another week of yield curve flattening, we now have the 2s-10s curve in US Treasuries at just 43 basis points.