While the average EM 10-year local currency sovereign bond yield has followed the equivalent US Treasury yield very closely recently, we doubt that this will last much longer. Indeed, we forecast that...

We haven’t been surprised by this year’s rise in the US dollar’s value against other “majors”, despite investors’ dovish reassessment of the outlook for Fed policy. Despite its pull-back today, we...

We doubt that bond markets will be negatively affected by the European Parliament (EP) elections this month, as the rise of anti-EU parties is already widely anticipated and would not necessarily...

We expect the yield of 10-year German government bonds to continue to drop this year, as investors factor in the prospect of even looser monetary policy in the euro-zone and demand for safe havens...