Markets The week started off with some Bund underperformance, both vs US Treasuries and UK gilts. With the front end adding up to 7 bps, European money markets are slightly paring bets on ECB rate cuts. The terminal rate in the recent repricing was brought down to less than 2%. Such a supportive monetary policy […]
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Cruise ships are obligated by maritime law to provide assistance to anyone needing help at sea. That’s actually not all that common an occurrence because while cruise ships are big, the oceans are vast, and Read more…
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While planes being hit by gunfire are normally an extremely rare occurrence, the past week has seen a number of these incidents. The Federal Aviation Administration temporarily banned U.S.-based airlines from flying to Haiti after Read more…