Mass testing has begun in the populous district of Chaoyang, Beijing, which reported 26 covid cases over the weekend. Beijing’s residents are stocking up on essentials in anticipation of a…
Leveraged loans are outperforming and remain very resilient. Initially, floating-rate debt will be more attractive to investors as rates start to rise. But warnings regarding the leveraged loan market are…
The US renewables industry is under threat from the Biden administration’s plans to increase domestic manufacturing via protectionist policies. The largest solar farm builder in the US has accused President…
Huw Pill last week questioned the appropriateness of QE as a tool to tackle the next bout of market disruption, given elevated rates of inflation globally. Policymakers are gradually acknowledging…
Revisions to the seasonal adjustment factors have pushed initial claims to fresh secular lows in the US. The 10-year Treasury yield hit a new multi-year high of 2.697% this morning….
According to the Bundesbank’s Weekly Activity Index (WAI), Germany is already in a technical recession. The German CPI numbers for March confirmed the risks of ‘stagflation’. The headline CPI surged…
