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Alex

Alex

A bestiary of leveraged Treasury market trades

There’s a lot going on in the Treasury market right now, and none of it is good. Liberation Day seems to have morphed into Liquidation Day. You might have seen terms like “off the runs”, “basis trades”, “swap spreads” and…

King Charles gives speech to Italy’s parliament

Sean Kunklan Gapendal Gapenda Watch: a moment when the king has given to talk in Italian King Charles warned the importance of Democrawadies such as Uk and Italy to stand during the world, since he was the first king in…

U.S. bond rout is driving worry in world markets

U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign investors were dumping their safest assets as turmoil unleashed by U.S. tariffs prompts forced selling and a dash for cash. Bonds are typically seen…