Mar 5, 2021 | European Economy
Rising bond yields and tightening financial conditions pose a risk to the economic recovery and, in the euro-area, could increase the probability of the ECB formally adopting YCC The recent sharp sell-off and bear steepening in global sovereign debt markets has stoked...
Jul 23, 2020 | US Economy
Fixed-income volatility, after a brief burst higher in March, has settled back down again. Currency and equity volatility also surged higher earlier this year, but have not fallen back so far, with the VIX remaining at the 90th percentile over the last five years....