Topic
Rates & Bonds
4 pieces.
Why Long Treasury Yields Stay High
The Federal Reserve stopped raising rates, yet ten- and thirty-year yields sit near the top of their 2026 range. The short end tracks…
The JGB market: how the yield curve is built, and where the BOJ steps in
Through much of the past decade, the yield that anchored Japan's bond market traded where the Bank of Japan chose to hold it. In 2024…
What a central bank can reach, and what it cannot
A central bank owns the average of prices, not any single one. That boundary decides what it can be held to, and it is the line a…
Inside China's bond market: size, structure, and the yield curve
China runs one of the larger bond markets in the world by outstanding stock, built mainly on government, policy-bank, and credit…