Rates markets are starting to act unmoored, with long end Treasury and gilt yields rising. I am not in any position to offer an insider’s view of…
In an era of addressing climate objectives, population growth, and an increasingly wide infrastructure deficit, conventional funding streams are no longer sufficient. Governments cannot bear the weight…
A majority of long-term U.S. treasury rates declined this week. The 5-year treasury rate had the largest decline of 0.23%. The 10-year treasury rate declined by 0.18%…
Ryan Specialty, the international insurance group, has launched a collateralized reinsurance sidecar named Ryan Alternative Capital Re, Ltd. alongside re/insurer AXIS Capital and raised approximately $400 million…
Municipal bond buyers are finding more ways to sleep well at night. In the first half of 2025, a growing share of new issues came to market…
Adrien Auclert, Hannes Malmberg, Matthew Rognlie, and Ludwig Straub presented the paper “The Race Between Asset Supply and Demand” at the Jackson Hole shindig (link to paper).…
A majority of U.S. treasury rates decreased this week. The 30-year treasury had an increase of 0.04%. The 10-year treasury rate saw a decrease of 0.03% and…
Three key dominant trends have been revealed following a record period of catastrophe bond issuance according to Richard Pennay, CEO, Aon Securities, the specialist investment banking and…