On 2 April, United States (US) president Donald Trump unveiled a sweeping new tariff initiative, describing it as a “historic reclaiming of America’s economic independence”. Announcing the highest trade tariffs in more than a century, the president insisted the measures…

A new wind of change is clearly affecting global debt markets in 2025. The global monetary policy tightening cycle has run its course, and most major central banks in developed markets have started cutting interest rates. This shift marks a…