Tommy Stubbington | Financial Times

Friday, 2 December, 2022

Thursday, 1 December, 2022

Emerging market investing

Emerging market stocks and bonds stage powerful rebound rally

Signs of slower interest rate rises in developed economies drive best month for EM debt in 24 years

Tuesday, 29 November, 2022

Eurozone inflation

Investors bet on peak inflation after price growth slows in Germany and Spain

Figures fuel hopes of lower inflation in the eurozone but food prices continue to surge

Sunday, 20 November, 2022

US Dollar

Dollar tumbles from 20-year high as US inflation eases

Slowing price growth sparks speculation Fed will cool pace of rate rises

Thursday, 17 November, 2022

Autumn Statement

UK markets take Autumn Statement in stride

Modest reaction to fiscal announcement marks stark contrast to previous government’s mini-Budget

Wednesday, 16 November, 2022

UK public finances

Investors warn UK government on dangers of new austerity wave

Cuts to public spending must be balanced with recession risks, say fund managers

Tuesday, 15 November, 2022

The Big Read

The cracks in the US Treasury bond market

The meltdown in UK gilts exposed the vulnerability of large bond markets. Could the biggest of them survive a wave of selling?

Friday, 4 November, 2022

News in-depthPound Sterling

‘Better, but not good’: investors cautious on sterling after rebound

Pound has recovered from record low against the dollar but economic woes cloud the outlook

Thursday, 3 November, 2022

The Big Read

How long can Japan’s central bank defy global market forces?

Governor Haruhiko Kuroda is betting on a royal flush of macroeconomic outcomes to win the battle. But the costs, and the risks, are rising

Tuesday, 1 November, 2022

Sovereign bonds

Bank of England begins selling bonds as it unwinds QE programme

Sale of £750mn of short-term government debt comes as UK central bank seeks to trim balance sheet

Thursday, 27 October, 2022

Eurozone economy

ECB raises rates by 75 basis points as markets detect ‘dovish pivot’

Euro and government borrowing costs fall after Christine Lagarde highlights mounting risk of recession

Wednesday, 26 October, 2022

UK public finances

Hunt seeks breathing space with new date for UK Autumn Statement

Calmer markets could shrink forecasts for fiscal hole facing chancellor and new PM in debt-cutting package

Tuesday, 25 October, 2022

Gilts

Gilt yields return to levels seen before mini-Budget

Prices rally as markets react with relief to Rishi Sunak victory in Conservative party leadership contest

Monday, 24 October, 2022

Capital markets

Gilts rally as Sunak poised to become prime minister

Shorter- and long-dated bond yields return to levels last seen before mini-Budget

Friday, 21 October, 2022

UK politics & policy

Investors and MPs take fright at prospect of Boris Johnson’s return

Gilts under renewed pressure as candidates to become UK’s next prime minister jostle for support

Thursday, 20 October, 2022

Equities

US stocks close lower as traders prepare for more Fed tightening

Early gains evaporate as S&P 500 gives up 0.8%

Thursday, 20 October, 2022

Yen

Yen slips past ¥150 against the dollar to lowest level since 1990

Depreciation of Japan’s currency has investors on alert for further government intervention

Monday, 17 October, 2022

Gilts

Gilts and pound rally as Hunt aims to steady market with fiscal plans

UK chancellor outlines measures to tackle government’s deficit

Friday, 14 October, 2022

Gilts

Gilts in fresh slide as investors say Truss U-turn did not go far enough

Analysts say prime minister’s decision to ditch £18bn corporate tax cut was not ‘enough of a pivot’

Friday, 14 October, 2022

UK politics & policy

Kwarteng leaves IMF meetings early as UK prepares to rip up tax plans

Chancellor makes hasty departure from Washington while markets rally on hopes of reversal of mini-Budget proposals

Thursday, 13 October, 2022

UK business & economy

Sterling and gilts rally as pressure mounts on Truss to ditch tax cuts

Bank of England’s purchase of £4.7bn in UK debt eases investor jitters

Wednesday, 12 October, 2022

Bank of England

BoE escalates bond buying as it fights renewed gilt sell-off

UK’s 30-year borrowing costs leapt to 5.1% before latest intervention by central bank

Tuesday, 11 October, 2022

Bank of England

Bailey rules out extending Bank of England intervention

Governor sticks with Friday deadline for central bank action and tells pension funds they have three days left

Tuesday, 11 October, 2022

ExplainerGilts

Why the Bank of England’s bond-buying facility is little used

Traders fear they will be left holding unwanted gilts if the central bank rejects their offer

Tuesday, 11 October, 2022

Pensions crisis

UK pension funds call on Bank of England to extend bond purchases

Industry still faces ‘a lot of disorder’ from LDI strategies at the centre of the crisis

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