macro

Morning Bid: Markets in uneasy calm as inflation fears take root Reuters

Oil prices and bond yields are sticking points.

Retailers furious at government effort aimed at limiting impact of inflation

AllianzGI Fixed Income CIO Jenny Zeng warns bond markets may be somewhat overpricing inflation expectations. Meanwhile, she notes that while Fed hikes remain on the table, US energy independence and a gradually softening tariff impact could mitigate the need for dramatic action. (Corrects with full

Oil prices and bond yields are sticking points.

Nikkei High Yield REIT Index constituents to be reshuffled

The dawn of a strange new European consensus.

Federal Reserve chair Jerome Powell steps down this month after proving himself an exemplary public servant. Compelled to deal with a president intent on telling the central bank what to do, his response was exactly right. Reluctant to confront the White House until he had no choice, he then did so

AllianzGI Fixed Income CIO Jenny Zeng warns bond markets may be somewhat overpricing inflation expectations. Meanwhile, she notes that while Fed hikes remain on the table, US energy independence and a gradually softening tariff impact could mitigate the need for dramatic action. (Corrects with full

The dawn of a strange new European consensus.