6 Jun 2018 TwentyFour Blog Attention Returns to Central Banks After the most hectic week of the year to date, relative calm has at least temporarily been restored to markets. Read more
30 May 2018 TwentyFour Blog Opportunity or Not? Clearly the decision by Italian President, Sergio Mattarella, to refuse the appointment of Paolo Savona as the coalition’s Finance Minister, on the grounds of him being overtly eurosceptic, has backfired badly. Read more
24 May 2018 TwentyFour Blog Lost The Dot Plots During and since the global financial crisis the Federal Open Market Committee (FOMC) has done a remarkable job in navigating the US financial system under extremely challenging circumstances, setting the standard for other central banks to follow. Read more
14 May 2018 TwentyFour Blog How Concerned Is The Fed With The Yield Curve? After another week of yield curve flattening, we now have the 2s-10s curve in US Treasuries at just 43 basis points. Read more
1 May 2018 TwentyFour Blog The Fed and The Treasury Will Also Drive The Yield Curve Shape Having written recently about our thoughts on how the yield curve might flatten, we should also note that whilst this, our base case scenario, is happening at the moment, there are a number of other potential strong influences that we need to monitor as they have the ability to prolong this flattening. Read more
30 Apr 2018 TwentyFour Blog Other Recessionary Indicators Having discussed the shape of the yield curve as a recessionary indicator already last week, we would like to elaborate on what other indicators we look at as fixed income investors to determine where we are in the economic cycle, which in turn determines how we position ourselves on the yield curve and whether we look to credit risks or government bond risks. Read more
25 Apr 2018 TwentyFour Blog Yield Curve Shape and Recessions The rapidly flattening US Treasury yield curve is prompting a lot of questions about the shape of the curve and it being a good predictor of upcoming recession. Read more
20 Apr 2018 TwentyFour Blog Unreliable Boyfriend Running Late For Dinner "One day hot, one day cold, and the people on the other side of the message are left not really knowing where they stand." Read more
18 Apr 2018 TwentyFour Blog Q2 Could Be The Best For Risk in 2018 As we now are well into the Q1 earnings season we have been debating how the current quarter could well be the best for risk in 2018. Read more
5 Apr 2018 TwentyFour Blog It’s Still All About The Fed A lot has been packed into a short week but, despite all the political posturing and rhetoric surrounding trade tariffs, it is still central bank policy that ultimately drives market sentiment and this week we have seen key inputs from leading players at the most important central bank of all, the US Federal Reserve, that have been somewhat overshadowed by more sensationalist news from the political arena. Read more
26 Mar 2018 TwentyFour Blog Looking at all of the Dot Plots Last Wednesday the Fed raised interest rates in the US for the sixth time since it began this hiking cycle at the end of 2015. Read more
23 Feb 2018 TwentyFour Blog Which foot will the Italians’ political boot end up on? Last Friday saw the publication of the last electoral poll before the Italian elections that will be held on the 4th of March. Read more