For whom the bell tolls
Overhaul of Eurozone’s largest retirement sector is expected to put pressure on continent’s debt markets
Plus copper tariffs
The two countries back joint borrowing to boost defence spending, but oppose it for other purposes
Stablecoin issuers and traders are attracted by yields on offer and potential use as collateral in some derivatives transactions
Market Questions is the FT’s guide to the week ahead
Wealth managers face tough decisions as Donald Trump’s unpredictability rattles the markets
Investors are getting fed up of being used by governments around the world as a low-cost cash machine
Market fears that replacing chancellor would imperil fiscal rules
Move partially reverses sell-off prompted by investor fears chancellor would be sacked after emotional PMQs appearance
Big asset managers added to holdings in bet that sell-off sparked by doubts over Rachel Reeves’ future would be shortlived
European Commission to propose mechanism to issue common bonds to fund member states in emergencies
The end of the zero-interest era is unleashing competition in the banking sector and changes in saver and investor behaviour
There are multiple vulnerabilities and faultlines that could be ruthlessly unpicked
Billionaire hedge fund manager Ray Dalio sounds the alarm
June issuance of about €23bn comes as companies take advantage of lower borrowing costs
Central bank has come under pressure to slow quantitative tightening amid global bond sell-off
Last time he got what he needed instead
And the big, beautiful bill
An inconvenient truth
The drumbeat of support for Europe to make its move to challenge the dollar is growing
‘Quantitative tightening’ is driving up borrowing costs and piling pressure on public finances, according to fund managers
Investors have exited funds at fastest rate since 2020 at height of Covid pandemic
Currencies, bonds and stocks rally as global fund managers diversify away from dollar assets
Bond investing group buys as long-term borrowing costs soar to record highs