French bond sell-off prompts ‘bottom fishing’ across Europe
Fears of a blow-up similar to the Eurozone debt crisis have been overdone, asset managers say
Economic news
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Repeated US Treasury interventions risk an erosion of credibility
A key policy tool to stabilise stress in markets could turn into a source of moral hazard and deeper volatility
UK investors face three-month wait to recoup money from property funds
FCA seeks to avoid repeat of fund suspensions during market turmoil by restricting immediate access to investments in illiquid assets
Oil prices jump on tanker attacks and slowing flows through Strait of Hormuz
Transit through vital waterway rose close to 90% of prewar levels last month but has since fallen sharply
This US Senate race is putting Trump’s record with blue-collar voters to the test
Also in today’s newsletter, a US oil trader’s extraordinary $2bn gamble
Inflation on many everyday items was entirely due to tariffs, NY Fed says
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.