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Economy & Macro

Explore inflation, employment, growth and other economic developments that shape financial markets. Find context for economic releases and explanations of commonly used indicators. Find your way around ECMSource.

Yankee, Samurai, Kangaroo: Foreign Bonds Explained

September 17, 2026August 22, 2026 by Bruno M.
Yankee, Samurai, Kangaroo: Foreign Bonds Explained

Yankee, Samurai, Kangaroo, Panda, Dim Sum — a field guide to foreign-currency bonds: what each is, where it trades, who regulates it, and why issuers use them.

Categories China, Economy & Macro, Market Education Tags bond market, capital markets, foreign bonds, kangaroo bond, samurai bond, yankee bond

Coca-Cola Taps Bankers for $1B India Bottler IPO

October 27, 2026July 2, 2026 by Bruno M.
Coca-Cola Taps Bankers for $1B India Bottler IPO

Coca-Cola has invited Kotak, HDFC and Citi to pitch on a $1B IPO of Hindustan Coca-Cola Holdings at a ~$10B valuation, targeting a 2027 BSE/NSE listing.

Categories Economy & Macro Tags capital markets, coca-cola india ipo, hindustan coca-cola holdings, india ipo market 2027, jubilant bhartia group, mnc subsidiary listing

Argentina Bonds Rally as S&P Lifts Sovereign Rating to B-

September 17, 2026June 11, 2026 by Bruno M.
Argentina Bonds Rally as S&P Lifts Sovereign Rating to B-

S&P upgraded Argentina to B- on June 10, 2026 — the first time the country has carried a single-B rating since August 2019. The 2035 notes jumped to 78.9 cents.

Categories Economy & Macro Tags argentina milei fiscal surplus, argentina sovereign bonds, capital markets, emerging market debt, s&p credit rating upgrade

172k Jobs, $1T Wiped: Nasdaq’s Worst Week in a Year

September 12, 2026June 5, 2026 by Bruno M.
172k Jobs, $1T Wiped: Nasdaq’s Worst Week in a Year

A hot May payrolls print pushed Fed rate cuts off the table and triggered a 10.4% single-day SOXX collapse, dragging Nasdaq to its worst week in a year.

Categories Economy & Macro, Technology Tags AI stocks, federal reserve, jobs report, nasdaq selloff, semiconductor stocks, stock market

Howard Davies-Led J.C. Flowers Buys Monte Paschi’s French Arm

October 27, 2026June 2, 2026 by Bruno M.
Howard Davies-Led J.C. Flowers Buys Monte Paschi’s French Arm

J.C. Flowers acquires Monte Paschi’s French lending arm; Howard Davies takes the chair as BMPS streamlines post-Mediobanca.

Categories Economy & Macro, Market Trend Tags bank m&a, capital markets, european banks, jc flowers, monte paschi, private equity

Blackstone Asia PE Fund Closes at Record $13.1B

October 27, 2026June 2, 2026 by Bruno M.
Blackstone Asia PE Fund Closes at Record $13.1B

Blackstone Capital Partners Asia III closed at $13.1 billion, topping its $10 billion target and more than doubling its predecessor.

Categories China, Economy & Macro Tags BCP Asia III, Blackstone, BX stock, private equity, stock market

Cat Bonds Hit Record $69.9B as Hurricane Season Opens

October 23, 2026May 30, 2026 by Bruno M.
Cat Bonds Hit Record $69.9B as Hurricane Season Opens

Cat bond market enters 2026 Atlantic hurricane season at a record $69.9B outstanding, with $15.5B issued YTD as NOAA forecasts a below-normal season.

Categories Economy & Macro, Market Trend Tags capital markets, cat bond market, catastrophe bonds, hurricane season 2026, insurance-linked securities, reinsurance

IMF Slashes 2026 Growth Outlook: What Capital Markets Must Now Price In

October 27, 2026May 23, 2026 by Bruno M.

The IMF’s April 2026 World Economic Outlook delivers a stark growth downgrade. Here’s how bond, equity, and sovereign debt markets are responding.

Categories Economy & Macro, Energy & Commodities, Inflation Tags bonds, capital markets, emerging markets, Fed policy, global economy, IMF, sovereign debt

30-Year Treasury Hits 5.13% as Long Bonds Sell Off Worldwide

September 12, 2026May 16, 2026 by Bruno M.
30-Year Treasury Hits 5.13% as Long Bonds Sell Off Worldwide

U.S. 30-year yield closed at 5.128% on May 15, 2026 — highest since May 2025. UK, German and Japanese long bonds are also at or near 52-week highs. What broke.

Categories Economy & Macro, Federal Reserve & Rates Tags 30-year treasury yield, bear steepener, bond market selloff, capital markets, gilt yields, treasury yields

Hot 3.8% April CPI Slams AI Stocks; Nasdaq Falls 1.5%

October 27, 2026May 16, 2026 by Bruno M.
Hot 3.8% April CPI Slams AI Stocks; Nasdaq Falls 1.5%

April CPI printed at 3.8% YoY — the hottest reading since May 2023 — knocking the Nasdaq down 1.5% as Nvidia, Intel and Micron led an AI-led selloff.

Categories Economy & Macro, Federal Reserve & Rates, Stock Market Tags april cpi, federal reserve, inflation, Nvidia, stock market
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