A messy break-up of the euro-zone could see the yield on 10-year US Treasuries hit a new low. But the US does not appear set for a long period of deflation. Any crisis-driven decline in the yield...

Tomorrow marks the five year anniversary of the unofficial onset of the global credit crunch. For investors, the past half decade has been characterised by a very healthy US Treasury market, a...

The euro touched its highest level against the dollar in over a month on Monday, as the exchange rate temporarily climbed above $1.24. Yet we doubt it will be long before Europe’s single currency...

The emergence of negative yields on some short-dated government bonds raises the question of whether they could fall even further. We suspect the answer is yes, at least in those European countries...