Warsh wants the Fed to talk less. Wall Street is listening even harder.
Kevin Warsh advocates for discretion at the Fed. Paradoxically, this stance itself sends a strong hawkish signal to bond markets.
Jul 2, 2026 at 10:17 8 10
SCOTUS protects the Fed's independence: a hawkish constitutional lock for markets
By keeping Lisa Cook at the Fed, the Supreme Court has drawn a constitutional red line. For bond markets, this is an institutional guarantee—and a lasting structural hawkish signal.
Jul 1, 2026 at 09:37 8 9
Heinrich Vogel
Spiko links its EU-regulated T-bills to Coinbase's stablecoin rails: tokenization shifts to payment mode
A lock has just been broken: Spiko connects its regulated money market funds (European T-bills, AMF-approved) to Coinbase's stablecoin infrastructure - first T+0 on-chain settlement for a regulated European fund, the day after MiCA comes into force.
Jun 30, 2026 at 16:47 12 11
Elena Fischer
SpaceX: The Mega Leap Deal and the Never-Resolved Question of Governance
The Financial Times analyzes the "leap of faith" behind SpaceX's mega bond deal—a debt raise without audited accounts, without public governance, based solely on Elon Musk's reputation. A model that raises growing questions for institutional investors.
Jun 29, 2026 at 17:16 13 14
Daniel Schmidt
Kevin Warsh softens his signal: the Fed between anti-inflation credibility and political pragmatism
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
Heinrich Vogel
Japanese Banks: The Flight from JGBs as the BOJ Withdraws
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
Heinrich Vogel
Tech sell-off June 2026: rotation accelerates, mechanisms revealed
The Nasdaq-100 drops 3% in a single session, Big Tech spreads contagion to Asian and European markets. This isn't an ordinary technical correction-it's the bill for an overvalued AI premium meeting persistent long-term rates.
Jun 25, 2026 at 02:57 8 8
Eleanor Whitfield
ECB: Kazimir confirms the downward direction, but each step remains data-dependent
Peter Kazimir reaffirms the ECB's accommodative trajectory amid contracting PMIs. The divergence between a hawkish Fed and a dovish ECB deepens - implications for the euro and European sovereign bonds.
Jun 24, 2026 at 18:35 13 12