Global financial groups continue to deal with Indian conglomerate despite US legal troubles
Plenty of game left to play, though
Does PE firm KKR’s model add up to real reform or a one-off windfall? Read the article and consider the questions raised
Goldman Sachs rapidly reverses call for recession after president’s U-turn
And a thank you from FT Alphaville
Jump in yields on 30-year gilts comes as investors also dump US Treasuries
Investors say misfiring ‘basis trades’ are piling pressure on US government bond market
Costs jump to 18-month highs as fears grow about health of region’s highly indebted groups
A guide to the hedge fund strategies fuelling the tariff turmoil
The double whammy of falling bond and equity prices could partly be hedge funds unwinding so-called ‘basis trades’
So long, sweet price
Bond bombshell
A fixed income freakout
Tariffs and positive correlation
Lower than expected purchases of three-year government debt add to investor angst
Bills and bonds and Treasury basis trades, oh my!
10-year Treasury yields jump most in almost three years
The concern now among bankers and hedge fund managers is that something, somewhere could break
And what can still be done about it
Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concerns
Corporate credit is ‘canary in the coal mine’ for faltering economy, analysts warn
China’s retaliation against Washington’s levies adds to sense of gloom across global markets
Despite inflation concerns, slowing growth raises expectations of rate cuts
US government debt has surged as Trump’s trade war sparks exodus from American stocks and the dollar
Also in today’s newsletter, ‘forever chemicals’ rules boost American Water
