There is nothing more fascinating than a fixed income instrument. Nothing. Listen to Jim transport you to a world of convexity, basis points, covenants and debt-to-gdp. For professional investors only. No advice here. No mention of funds or products. Personal thoughts, not that of any employer.
NYTF Radio presented by the National Yiddish Theatre Folksbiene serves to educate listeners on the history of Yiddish Theatre. Season 1 will consist of episodes that trace the early history of Yiddish Theatrical Performance in Europe and United States: From Purim spiels, to Avrom Goldfaden and the Sorceress, to late 19th Century Yiddish Theatre in America. At the National Yiddish Theatre Folksbiene, our mission is to celebrate the Yiddish experience through the performing arts by transmittin ...
Not going well for Trussonomics so far.
Gilts are selling off. So is the £.
Everything you need to know about global politics in 25 minutes.
Put down your John Grisham, pour yourself a pina colada and take a listen to this by the paddling pool.
Have lovely summer holidays. Stay frosty, and see you back here for Season 8.
A JPM research note gives an incredibly bearish outlook, especially for Europe.
And cut thereafter…
But because a US recession is ‘declared’ rather than measured, a soft-ish landing might break the bond market’s most beloved model. Also - the Laffer Curve doesn’t work.
And a relief rally in the £ as disgraced PM Johnson is forced out.
Utilities analyst Orlando Finzi gives an update on the massive rise in gas prices, and the implications for inflation and growth.
And a 21% total return in one day from UK linkers.
Also, property REITs underperforming a weak credit market.
Also, Scotland’s 🏴 independence debate is back.
And credit is still very weak.
On today's episode, we have an exciting panel discussion diving into the life and times of Kadya Molodowsky featuring Molodowsky experts Kathryn Hellerstein and Anita Norich for a chat with translator Faith Jones. Kadye Molodowsky's play Ale Fenster tsu der Zun (All Windows Face the Sun) will be presented to view online from June 21st and will rema…
In this new episode of NYTF Radio, Folksbiene associate artistic director (and Ale Fentster cast member) Motl Didner sits down with director and designer Jenny Romaine to discuss her vision for the virtual production. All Windows Face the Sun is the story of Binyumen, an optimistic builder’s apprentice who creates a magical tower that allows listen…
Jim Reid’s brilliant annual publication is out. Here’s the highlights.
5 days in a row of rising UST yields and credit is widening daily too.
And did Google’s AI just become sentient?! 🤖
Also Lagarde and the ECB - rate hikes in July and September. Positive Rates Coming Back.
Nottingham Forest 🌳: back where we belong.
And Forest head to Wembley! 🌳
And Tesla gets expelled from the S&P’s ESG index. Elon Musk isn’t impressed.
Food price inflation a big worry for the Bank of England.
Tether broke the buck today. Government bonds are rallying despite strong CPI.
And the $ rampage continues.
Treasuries, equities, the £ - all sell off. Only gilts buck the global trend.
On Today’s episode, our very own Sarah Jae Leiber sits down to talk with Actress Sierra Boggess who is currently starring in Harmony: A New Musical. In the interview, Sierra tells us how she first became involved in the project, discusses her creative relationship with Barry Manilow, Bruce Sussman, and Warren Carlyle, plus she tells us why she thin…
And 1% 10 year bunds too.
Real yields higher, credit weaker.
We end Q1 with inflation at career highs for many (most?) bond managers. Also goodbye to a couple of my bond salespeople - including one whose surname I get, Freudianly, wrong. 🤦
There’s not much left in the world of negative bond yields after Powell’s comments last week…
Sunak isn’t going to like today’s headlines. All about the cost of living crisis and collapsing real incomes.
A kick in the teeth for Treasuries as Powell talks of even more rate hikes from the Fed.
And Russia appears to have paid a $ bond coupon. No default yet.
And also Russia Default Day (probably).
The market prices in one ECB rate hike for 2022 once more.
And the debate around weapons and ESG investment.
And a regular reminder to follow @adam_tooze in Twitter.
Russian reserves and the latest sanctions news.
Russian bonds fall 10-25 points this morning.
A flight to quality week, as Russian invasion fears mounted.
On today’s episode, NYTF Associate Artistic Director, Motl Didner sits down for an in depth conversation with actress Daniella Rabbani, a familiar face in the Folksbiene family. In the episode, we learn about about Daniella’s Jewish upbringing, her time studying theater at NYU, plus we hear all about riding in the van driven by our very own Motl Di…
10 year Treasuries approaching 2%…
The ECB, the Bank of England, and then the US jobs data - one shock after another. Bonds sold off bigly.
Market is now expecting 2 rate hikes from the ECB this year! HUGE moves in bonds and currencies.
And a look at bond market performance so far this year.
We had the opportunity to speak to Rachel Blaustein, who leads the cast of The Garden of the Finzi-Continis. The opera opened Thursday night to a sold-out crowd and a hungry audience grateful to be gathered in a theater together once again. Blaustein tells us about the way she got to know the story of the Finzi-Continis and the way she felt learnin…
Hawkish Powell at the Fed last night.
Bund yields are down 10 bps on last week.