Episode notes
Bond yields have spiked globally led by an inter-related combination of oil prices and re-pricing of central bank terminal rates. Momentum and investors exiting long exposure has added fuel to the fire. To put it in context, the one-month increase in US 2y yields is one of the largest over the past 25 years. This has pushed up long term rates and flattened the curve. These dynamics haven’t been isolated to the US market; it is a global phenomenon. For now, risk asset such as equities and credit has been well behaved, but history shows when rates rise sharply and there is an accompanying…
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Macro Minutes
RBC Capital Markets · Business · English
Macro Minutes - RBC Capital Markets macro and market strategy series – explores the latest financial market and economic developments. Listen today to hear high conviction insights from RBC’s desk strategists and research analysts.
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S1 · E122 · 14 Oct 2026 · 16 minNew
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S1 · E121 · 7 Oct 2026 · 27 min
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S1 · E119 · 29 Sep 2026 · 12 min
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S1 · E118 · 17 Sep 2026 · 14 min
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S1 · E116 · 11 Sep 2026 · 20 min
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S1 · E115 · 1 Sep 2026 · 26 min
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