Growing safe-haven flows in 2019 and the ECB re-starting its net asset purchases in 2020 may mean that the yields of “core” European government bonds (EGBs) fall further over the next two years.

Although sterling could continue its ascent this week if PM May can get closer to squeezing her deal through Parliament, our best guess is that the next big leg up in the currency will occur after...

Although UK MPs are unlikely to vote in favour of pursuing a no-deal Brexit tonight, that would not rule it out altogether. This Update considers the potential consequences of no deal for euro-zone...

The real return from US equities in the coming decade could plausibly be less than a third of what it has been in the last ten years. Even so, that would probably still be more than the real return...