When is an apple not an apple? When it’s a spanner of course!

When is an apple not an apple? When it’s a sp...

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Bond yields surge ahead of Fed decision

Rising oil prices and higher inflation concerns dominated markets as investors prepared for the Federal Reserve's highly anticipated rate decision. Treasury yields climbed to multi-decade highs, with the US 10-year yield breaching 5%, while government bond yields moved sharply hi ...  Show more

Beware the ides of September?

Oil prices and global bond yields continued their ascent on Monday and the US 10-year treasury yield has hit the 5.02% this morning - a level not seen since 2007. Markets are now pricing in a 92% probability of a rate hike at tomorrow's FOMC meeting. And with expectations amongst ...  Show more

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