The European Central Bank has kept interest rates on hold, despite inflation rising to an estimated 3.0% in April 2026, driven primarily by energy prices.
The war in Iran and the resulting blockade of the Strait of Hormuz will tear a £35 billion hole in UK output over the next two years, push consumer price inflation back above 4 per cent, and force the Bank of England to raise interest rates rather than cut them.
The iShares U.S. Treasury Bond ETF holds only U.S. Treasury notes and bonds across the maturity curve, providing the cleanest expression of flight-to-quality stability in a single ticker. Credit risk is effectively zero because every holding carries the full faith and credit of the U.S. government.
PCY holds U.S. dollar-denominated sovereign bonds issued by emerging market governments. The interest payments those governments make flow through to PCY shareholders as monthly distributions.
"That's a dangerous thing," he said Thursday during an interview with Bloomberg TV, describing a scenario where demand and prices for Treasuries fall as foreign interest in the market declines.
It's obviously welcome to see savings rates go up. Albeit from a low enough base. Several new providers such as Moco, Monzo, and Bankinter are all now quite active in the savings space in Ireland, so this is perhaps a response to increased competition.
Capital Southwest is an internally managed BDC that provides loans to lower-middle-market companies and earns interest on those loans. It borrows at lower rates, lends at higher rates, and passes the spread through to shareholders as income.
Stock markets, which have fully devolved into a circus animal responding to the one stimulus they know, bought the dip hard on the president's word. Even before this insane AI rally where stock markets are doing their best crypto impression, the concept of smart money in finance was not defined by the number-go-up traders on the floor of the New York Stock Exchange.
High-yield savings accounts (HYSAs) are insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration up to $250,000, per depositor, per insured institution.