Research themes

Fed Minutes: Why AI Infrastructure Borrowing Is Stirring the Long-End Bond Market

Bank Stocks Fall, Treasuries Hold Firm: What Q3 Earnings Reveal About Credit Risk

Bank Stocks Fall, Treasuries Hold Firm: What Q3 Earnings Reveal About Credit Risk

Bank Stocks Fall, Treasuries Hold Firm: What Q3 Earnings Reveal About Credit Risk

A 5.30% Treasury Auction: A Yield Signal That Is Easy to Misread

A 5.30% Treasury Auction: A Yield Signal That Is Easy to Misread

A 131-Basis-Point Spread: The Euro Area Enters an Era of Fiscal Repricing

Bank Stocks Fall, Treasuries Hold Firm: What Q3 Earnings Reveal About Credit Risk

After $2.2 Trillion of Balance Sheet Reduction, the Liquidity Buffer Is Shrinking

After $2.2 Trillion of Balance Sheet Reduction, the Liquidity Buffer Is Shrinking

Oil Exports Are Back to Prewar Levels. Why Aren't Oil Prices?

Oil Exports Are Back to Prewar Levels. Why Aren't Oil Prices?

Oil Exports Are Back to Prewar Levels. Why Aren't Oil Prices?

Why Outsourced Workers Count as Neither Layoffs nor New Hires

A Rising Dollar Index: Why Treasury Yields and the Renminbi Can Move the Other Way

Why Outsourced Workers Count as Neither Layoffs nor New Hires

Bank Stocks Fall, Treasuries Hold Firm: What Q3 Earnings Reveal About Credit Risk

What Gold Fears Is Not High Interest Rates, but Further Rises in Real Yields

A Rising Dollar Index: Why Treasury Yields and the Renminbi Can Move the Other Way

After 40 Years, the Fed Revisits M2: Does More Money Necessarily Mean Inflation?

NVIDIA Revenue Rises 106%: Growth May Be Its Own Biggest Enemy