Federal Reserve hikes interest rates to 4%
Jerome Powell
US Economy

Federal Reserve hikes interest rates to 4%

The Federal Reserve continues its battle with inflation with another bumper interest rate hike.
3 Nov 2022
What are Gilts and why should you care about them?
A pile of coins and notes
Government bonds

What are Gilts and why should you care about them?

Gilts have been in the news a lot recently, but not everyone understands why these assets are so vital to the UK economy.
24 Oct 2022
What next for stocks as bonds crash?
£50 notes being printed
Stockmarkets

What next for stocks as bonds crash?

Despite the slump in prices, UK government bonds remain too expensive. Stocks are much better value, says Max King.
20 Oct 2022
LDI: another financial fix has backfired
Boots on Oxford Street
Government bonds

LDI: another financial fix has backfired

Liability-driven investment (LDI) has become the latest widely touted investment product to go horribly wrong, says Max King.
7 Oct 2022
LDI: the “doom loop” in the bond market
A statue outside the Bank of England
Government bonds

LDI: the “doom loop” in the bond market

LDI – an investment strategy used by defined-benefit pension funds – was at the centre of last week’s panic in gilts. What exactly happened, and how w…
7 Oct 2022
Bank of England spends £65bn to “restore orderly market conditions”
Budget

Bank of England spends £65bn to “restore orderly market conditions”

The Bank of England has said it will spend £65bn buying bonds to stabilise the financial markets after the government’s mini-Budget. Saloni Sardana ex…
29 Sep 2022
The end of cheap money hits the markets
Stockmarkets

The end of cheap money hits the markets

Markets have swooned as central banks raise interest rates, leaving the era of cheap money behind.
28 Sep 2022
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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What the return of the bond vigilantes means for investors
Government bonds

What the return of the bond vigilantes means for investors

The US Federal Reserve is dancing to the tune of the bond vigilantes, says Max King. Here’s what that means for stockmarket investors, the economy, an…
6 Sep 2022
A retail bond for income investors with a 6.5% yield
Corporate bonds

A retail bond for income investors with a 6.5% yield

This new issue from LendInvest could be attractive to income seekers willing to take some risk.
29 Jul 2022
Will the euro crisis flare up again?
EU Economy

Will the euro crisis flare up again?

With Italy’s borrowing costs rising quickly, and inflation climbing, the European Central Bank has unveiled a new tool to help indebted states. Is it …
28 Jul 2022
The wolf returns to the eurozone’s door
EU Economy

The wolf returns to the eurozone’s door

The eurozone’s intrinsic flaws have been exposed again as investors’ fears about Italy’s ability to pay its debt sends bond yields soaring.
28 Jul 2022
The bear market in bonds isn’t all bad news
Government bonds

The bear market in bonds isn’t all bad news

The rise in bond yields and the fall in bond prices can be a good thing or bad thing. Bad for bondholders, but good for many risk-averse pensioners an…
21 Jul 2022
The junk-bond bubble bursts
Corporate bonds

The junk-bond bubble bursts

Yields in the US high-yield bond market (AKA junk bonds) have soared to more than 8% since the start of the year as prices collapse.
20 Jul 2022
How can you tell if the market is overvalued?
Investment strategy

How can you tell if the market is overvalued?

There are plenty of ways to value markets, says Max King, but nothing is infallible. Every ratio and calculation needs to be taken with a large pinch …
12 Jul 2022
The highest-yielding Pibs and preference shares
Share tips

The highest-yielding Pibs and preference shares

As well as ordinary shares, companies and other institutions issue preference shares and permanent interest-bearing shares (Pibs), which act more like…
7 Jul 2022
Market crash: have we hit bottom or is there worse to come?
Stockmarkets

Market crash: have we hit bottom or is there worse to come?

For a little while, markets looked like they were about to embark on a full-on crash. And that could still happen, says Dominic Frisby. Today, he look…
27 Jun 2022
Governments will sink in a world drowning in debt
Global Economy

Governments will sink in a world drowning in debt

Rising interest rates and soaring inflation will leave many governments with unsustainable debts. Get set for a wave of sovereign defaults, says Jonat…
23 Jun 2022
A new headache for the ECB
EU Economy

A new headache for the ECB

Italy, the eurozone’s third-largest economy, has debt of €2.759trn – almost 150% of GDP. A crisis there would pose an existential risk to the euro.
22 Jun 2022
How will the crash of 2022 play out?
Investments

How will the crash of 2022 play out?

Stocks, bonds, cryptocurrencies – everything is crashing at the same time. We’ve seen these kinds of multiple collapses before, says Merryn Somerset W…
20 Jun 2022
Central banks are divided – so prepare for more turbulence
Global Economy

Central banks are divided – so prepare for more turbulence

Central banks no longer agree on interest rates. The US is raising aggressively, while the UK is taking a more cautious approach and Japan is sticking…
17 Jun 2022
ECB set to raise interest rates as stagflation beckons
EU Economy

ECB set to raise interest rates as stagflation beckons

With inflation at 8.1% and economic growth at just 0.3%, the eurozone is on the brink of stagflation. To combat it the European Central Bank is to st…
8 Jun 2022
Everything is collapsing at once – here’s what to do about it
Investment strategy

Everything is collapsing at once – here’s what to do about it

Equity and bond markets are crashing, while inflation destroys the value of cash. Merryn Somerset Webb looks at where investors can turn to protect th…
23 May 2022