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FT Alphaville

THE FT MARKETS AND FINANCE BLOG

We love financial plumbing, debt crises, balance sheets, margin calls, economic puns and snark.

Meet the team here and follow us on X @FTAlphaville

  • Tuesday, 1 July, 2025
    Sovereign debt
    When the president wants a ‘low rates guy’

    Last time he got what he needed instead

    A silhouette of US President Donald Trump with the US dollar in the background
  • Tuesday, 1 July, 2025
    FTAV’s further reading

    Asbestos; US dollar; nuclear fusion; forex; basal melt rates; trade strategy; risk sensitivity

  • Tuesday, 1 July, 2025
    US Treasury bonds
    RIP the convenience yield of US Treasuries?

    An inconvenient truth

  • Monday, 30 June, 2025
    And the FTAV chart quiz winner is . . . 

    Shirt happens

  • Monday, 30 June, 2025
    Private credit
    More joy with US insurers’ affiliated assets

    It’s a family affair

  • Sunday, 29 June, 2025
    FTAV’s further reading

    Arini; tax; the art market; parenting; Powell; orchestras; AI bands; AI shopkeepers; British management; Staley and Epstein; London

  • Sunday, 29 June, 2025
    Liberia
    The extraordinary life and mysterious death of a carbon credits broker

    How an Italian fugitive used diplomatic immunity to work with Dubai royalty and Liberia’s fallen hero

    Samuele Landi from a film still from ‘The Legend of Landi’
  • Friday, 27 June, 2025
    FTAV’s Friday chart quiz: artisanal edition

    Sketches for My Sweet Chart the Drunk

  • Friday, 27 June, 2025
    UK companies
    FTAV Q&A: Lorna Tilbian

    The Numis co-founder and GOAT media analyst talks London markets, sell-side research, loyalty, local papers, and tennis

  • Friday, 27 June, 2025
    FTAV’s further reading

    Stablecoins; Wisselbank; class war; catastrophe bonds; AI therapy; execution; McDonald's; and Eurovision

  • Friday, 27 June, 2025
    Private equity
    Inside the private equity-insurance nexus

    When the world’s dullest industry gets very exciting

    A bas-relief of an Ouroboros, a serpent eating its own tail, encircling three budding flowers on a textured stone surface
  • Thursday, 26 June, 2025
    Risk Management
    The Fed doesn’t care about your bad reputation

    Living in the past, it’s a new regulation

  • Thursday, 26 June, 2025
    FTAV’s further reading

    Autocallable ETF; AK-47; antitrust; Iranian concrete; Indy astroturfing; Hims; time; Julie Burchill; and Tracy Thorn

  • Thursday, 26 June, 2025
    Banks
    Are stablecoins money?

    And are parallels to the era of Free Banking any good?

  • Wednesday, 25 June, 2025
    Bitcoin
    Who wants to buy a crypto basis-trade backed synthetic stablecoin?

    Ethena goes

  • Wednesday, 25 June, 2025
    Private credit
    Private credit thrives in darkness

    A feature, not a bug

  • Wednesday, 25 June, 2025
    FTAV’s further reading

    Stagflation; Aa+; debt mutualisation; rare earths; Substack; NYC; superfans; and the making of a janky canal boat game

  • Wednesday, 25 June, 2025
    Russia
    Whale-watching the stablecoin trade in ersatz roubles for sort-of dollars

    Is $9.3bn a lot of money?

  • Tuesday, 24 June, 2025
    Central banks
    The Bank of England isn’t sure

    Using cutting-edge language analysis techniques and quantitative reasoning, we prove nothing

  • Tuesday, 24 June, 2025
    US politics & policy
    FTAV now ❤️ America’s messy legislative sausage-making

    Big Byrd FTW

  • Tuesday, 24 June, 2025
    FTAV’s further reading

    American tourism; generic drugs; immigrants on immigration; very hard maths; HS2; and Jeremy Clarkson

  • Tuesday, 24 June, 2025
    Central banks
    Taiwan warms up to a SWF

    Just another Swiftie?

  • Monday, 23 June, 2025
    Pharmaceuticals sector
    Novo sends Hims packing

    And who could have anticipated this turn of events apart from literally anyone?

  • Monday, 23 June, 2025
    And the FTAV charts quiz winner is…

    Tee-hee

  • Monday, 23 June, 2025
    IPOs
    The King of Spacs is back

    And he has some hot IPO takes for us

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