The conventional wisdom is that the recent surge in Treasury yields is a reaction to the Fed’s “higher for longer” message. But that surge has been focused solely on the long end of the curve...

The sell-off in bond markets has taken a breather today, helped in part by softer data on the US labour market. However, the scale of the moves over the past week has invoked comparisons to previous...

Although the job openings rate rebounded sharply in August, we suspect that was more noise than a signal that the labour market is enjoying a resurgence. The rest of the JOLTS report presented a more...

The stakes could not be higher for this year’s presidential election – with the expected head-to-head rematch between Joe Biden and Donald Trump offering starkly contrasting polices on trade, the...