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Markets Yesterday’s bear steepening produced some all in all modest yield gains at the long end of the curve. US rates added between 0.4 and 2.2 bps. It was enough for the US 10-yr, though, Read more…
UK CPI inflation accelerated from 2.9% to 3.1% year on year in August, matching market expectations and moving back above the 3% threshold ahead of tomorrow’s Bank of England decision. Consumer prices rose 0.5% month Read more…
In focus today In the US, the main event of the week will be the FOMC meeting tonight. Previously this week we revised our call now expecting a 25bp rate hike at the meeting. Given Read more…