Real-money buyers have started to bid the long end of the Treasury curve as systematic funds keep up their selling, leaving the long end looking both cheap and yet prone to further sell offs,...

The Bank of America Global Fund Manager Survey (FMS) has seen the scaling back of US-China tariffs as a net positive for activity. In its latest research, 75% of the FMS was completed before...

Sergio Ermotti, group CEO at UBS, has said the usually positive investor sentiment in the Spring season was severely watered down by tariff uncertainty. “The quarter was characterised by a substantial shift in investor sentiment...

A continued sell-off in Treasury bonds, exacerbated after a notably poor 3-year auction on Tuesday, 8 April, has sparked widespread speculation among market participants. Analysts have proposed several drivers, including basis trades, SOFR versus...