Bond Traders Bet Fed Under Warsh Will Hike Rates This Year
Bond traders are now fully pricing in a Federal Reserve rate hike this year, reflecting confidence that incoming Chair Kevin Warsh will act swiftly to curb inflation. The market’s view sharpened after Fed Governor Christopher Waller said the next policy move is as likely to be an increase as a cut. Interest‑rate swaps indicate traders expect the benchmark rate to be at least 25 basis points higher by the end of 2026. This pricing shift signals heightened expectations of tighter monetary policy throughout the year.
The Bond Market Just Flipped the Script on Investors — Wall Street Is Acting Like Nothing’s Wrong
The bond market has abruptly turned bullish on higher rates, with the 10‑year Treasury yield climbing above 4.6% and the forward curve now pricing hikes instead of cuts. This shift follows a steep rise in inflation indicators, including a 6%...
High Bond Yields Are What America Needs in the AI Era
Bloomberg argues that the recent climb in U.S. Treasury yields—now around 4.66% for the 10‑year—provides essential market discipline as the country rides an AI‑driven capital‑expenditure surge. While stocks sit near record highs, with the S&P 500 delivering a 23% compound annual...
Britain’s Politicians Need to Worry Less About the Bond Markets – and More About the Bank of England | Daniela...
British politicians are urged to shift focus from bond‑market panic to the Bank of England’s role in shaping borrowing costs. The BoE has sold roughly £134 bn ($167 bn) of gilts since 2022, adding a 0.7 percentage‑point “Bailey premium” to UK debt rates,...
Admiral Markets Announces Buyback Offer for up to 8,476 Tier 2 Bonds
Admiral Markets AS announced a buyback offer for up to 8,476 Tier 2 bonds issued in December 2017, covering a total nominal value of €847,600 (≈ $932,000). The repurchase price is €101.02 per bond (≈ $111), consisting of the €100 face value, a €1...
Treasury Yields Resume Climb as Traders Monitor Inflation Risks
U.S. Treasury yields climbed on Thursday, with the 10‑year note reaching 4.6014% and the 30‑year bond edging to 5.1334%. The rise follows a brief pull‑back after multi‑decade highs and reflects renewed inflation concerns after Fed minutes hinted at further rate...
Osisko Development Announces Proposed Offering of US$275.0 Million Aggregate Principal Amount of Convertible Senior Notes
Osisko Development Corp. announced a proposed private placement of up to $275 million of convertible senior notes due 2031, including a $225 million base offering and an optional $25 million over‑allotment. An affiliated investor may purchase an additional $50 million of notes in a...
Trump Gives Blasé Response to Rate Hike Possibility
President Donald Trump told reporters he will let incoming Federal Reserve chair Kevin Warsh act independently, even if the new leader leans toward raising rates. Market pricing now shows roughly a 60% probability of at least one rate hike in...
Battles to Shrink the Federal Reserve's Balance Sheet Begin
Incoming Fed chair Kevin Warsh is pushing to reduce the central bank’s multitrillion‑dollar balance sheet, which swelled to a $9 trillion peak in 2022 before falling to $6.7 trillion after three years of runoff. Warsh argues that a smaller balance sheet would...
UK Political Uncertainty Is Keeping Bond and FX Markets on Edge: Fortrade Review
UK bond and foreign‑exchange markets are under heightened pressure as political uncertainty drives a sharp rise in thirty‑year gilt yields and a gradual weakening of sterling against the dollar and euro. Analysts at Fortrade attribute the moves to ambiguous fiscal...
10-Year Yield Eyes 4.75 After Violent Breakout, Opening Risk Toward 5%
U.S. 10‑year Treasury yields surged past the 4.75% mark, reaching 52‑week highs and the strongest levels since early 2025. The breakout was sparked by geopolitical tension after President Trump’s China trip failed to secure an Iran breakthrough, keeping Brent crude...
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The Bond Reckoning Is About to Meet the AI Mirage
Bond markets worldwide surged this week as U.S. wholesale inflation confirmed that war‑driven price pressures are persisting, pushing 30‑year yields above 4% in Japan, near 6% in the UK and over 5% in the U.S. Short‑term rates also rose, with...
10-Year Clears 4.5% 'Ceiling,' Forcing Real Estate To Reckon With Rate Reality
U.S. 10‑year Treasury yields climbed to 4.6% in May, breaching the long‑watched 4.5% ceiling that many in commercial real estate consider a tipping point. The surge threatens the refinancing of roughly $930 billion of CRE debt maturing this year and adds...
Bombardier Completes Redemption of All Outstanding 7.50% Senior Notes Due 2029
Bombardier Inc. announced the full redemption of its $750 million 7.50% senior notes due 2029. The repayment was financed with proceeds from a new notes offering and $250 million of cash from the company’s balance sheet. Redemption was processed through the Depository...
GHY: One Of The Best Global Bond Funds, But Not Much Local Currency EM Exposure
The PGIM Global High Yield Fund (GHY) delivers a 10.59% distribution yield and offers broad international diversification, with 45% of assets in the United States and a modest emerging‑market exposure. Leverage is used to boost returns, while the fund’s distribution...