After weeks of hawkish rhetoric, the *Financial Times* reveals that President Warsh is seeking to reassure markets. This shift in tone alters the geometry of the bond market for H2 2026—without constituting an official pivot.
Jun 26, 2026 at 08:37 13 13
As the BOJ scales back its government bond purchases, Japanese commercial banks hesitate to step in—a strain that threatens the stability of Japan's sovereign financing.
Jun 25, 2026 at 22:34 11 9
Kazimir (ECB) confirms the direction of rate cuts but conditions each step on data. Goldman anticipates a persistently restrictive Warsh Fed. The Fed/ECB divergence is emerging as the key macro theme of the summer-with direct implications for EUR/USD and peripheral bonds.
Jun 25, 2026 at 03:01 8 8
