Extreme weather events are pushing up the cost of reinsurance: this is the message from the chief executive of Lloyd’s of London. Insurers are having to change the way they…
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The prime-age LFPR (men & women) rose to 83.48% in August, the highest since May 2002. The prime-age EPOP remained at 80.9% last month, the highest since April 2001. This…
The 10-year US Treasury yield rose to 4.34% on August 21st – the highest since November 2007 – but has since pulled back on signs of softening in the US labour…
The options for reducing public debt-to-GDP ratios in advanced economies are becoming extremely limited. Governments “are going to have to live with high inherited debts” – this was Barry Eichengreen’s…
CGB yields continue to slide. The PBoC cut the one-year loan prime rate by 0.10 percentage points on Monday to 3.45%, but kept the five-year (mortgage reference) rate unchanged at…
Our biggest secular concern for financial markets should now be visible even through the thick, hazy smoke of wildfires burning across Canada, Hawaii and Southern Europe. Climate change appears to…
