The shock-risk signal is in Europe, where the vulnerabilities are beginning to show up as cracks. There are obvious parallels to 2022. But this energy shock could be more severe. European leaders have ...
(Bloomberg) -- Economic pressure from the US and China is forcing some European nations to confront their historic aversion to joint borrowing. Most of the region’s sovereign debt is issued by ...
March ⁠4 - ⁠European banks have increased their ⁠holdings of government bonds by 14% over the past year, a shift that could amplify risks if fiscal troubles in indebted countries lead to ‌a selloff in ...
The U.K., France and Italy face higher-for-longer borrowing costs when compared to peers. The so-called 'BIF' nations each face unique structural challenges, testing their credibility in the eyes of ...
There is no iron law dictating that the world’s reserve asset be Treasury bonds. For centuries British gilts held that crown, until they were dethroned after the second world war. But there is no ...