Bondcast - The Rates Podcast
In this weekly podcast series, Imogen Bachra along with the NatWest Markets team of rates & markets specialists help investment professionals shape their portfolio views on fixed income, learn how the biggest themes, trends, and events affect bond performance, and get deeper insight into rates markets including the latest analysis & research from the NatWest team.
Episodes
167 episodes
What to make of recent market events?
This week host Imogen Bachra is joined by Brian Daingerfield, Stuart Sparks and Joann Spadigam to discuss rates and FX markets in the UK, US and Europe. What can we expect next, and where might we go from here in terms of central bank monetary ...
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38:08
The market reacts to tariffs, but where to from here?
In this crossover episode of Bondcast and Currency Exchange, Imogen Bachra is joined by Brian Daingerfield and Oriane Parmentier to discuss all things tariffs, and the political situation in France. It's not just markets that are surrounded by ...
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26:27
UK Spring Statement, market signals and more
This week Imogen Bachra, Joann Spadigam and Stuart Sparks discuss the UK Spring Statement, its implications for the UK fiscal situation, and the upcoming tariff announcements affecting Europe. They also analyse the latest profit and productivit...
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25:27
Unchanged melody?
This week, Imogen Bachra is joined by Joann Spadigam and Stuart Sparks to discuss recent interest rate decisions at the Bank of England and the Fed. They also talk the upcoming Spring Statement in the UK, fiscal developments in the Euro area, a...
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30:33
Risks have returned, but will the shocks continue?
In a week of shifting market sentiment, Imogen Bachra is joined by Stuart Sparks and Joann Spadigam to discuss rates in the US, Europe and the UK. All eyes are on the Fed and the European Central Bank as they continue to scrutinise data, amid f...
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22:43
A cut in Europe, but questions abound
With International Women's Day upon us, this week's all-female line-up tackles the latest news from rates markets. The European Central Bank (ECB) cut rates to 2.5%, but it is Europe's revised defence budget that is the real focus for markets. ...
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25:37
Geopolitics, markets and military might
Welcome to a special edition of Bondcast, where we dive into the geopolitical events shaping markets. Host Imogen Bachra is joined by Scott Livingstone, NatWest Group’s international advisor, and Bondcast regular Joann Spadigam, to discuss the ...
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27:35
Europe will emerge stronger?
In this episode, Imogen Bachra is joined by Stuart Sparks and Joann Spadigam to discuss the latest news, events and data shaping rates markets. In Europe they cover the impact of the Russia-Ukraine conflict on European defence spending and the ...
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23:10
Strong US labour data, but the Fed remains patient
In this episode of Bondcast, Imogen Bachra, Joanne Spadigam, and Deepika Dayal discuss the latest trends in rates markets, focusing on inflation data, labour market dynamics, and central bank policies in the US and UK. They analyse the implicat...
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34:03
The trade war whiplash
In this episode, Imogen Bachra, Brian Daingerfield and Oriane Parmentier discuss the latest developments in rates markets, focusing on trade war dynamics, tariff policies and the implications for markets. They also discuss the recent rate cut b...
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34:32
A hold, a cut and pension fund tweaks
This week Imogen Bachra is joined by Joann Spadigam and Kevin Cummins to talk all things rates and, uniquely for the team, how change may be afoot for pensions in the Netherlands and the UK. While the Fed predictably held rates in the US, the E...
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31:32
Dilemmas, Donald and de-risking
This week the Bondcast team discusses strong wage inflation data in the UK, which, combined with sluggish output growth, poses a policy dilemma for the Bank of England. Elsewhere they examine recent US data, Donald Trump’s plans and whether the...
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13:53
“One swallow doesn’t make a summer” (16 January '25)
With soft-ish inflation prints in the UK and beyond, are we at the start of a trend? Separating the signals from the noise this week are host Imogen Bachra, Deepika Dayal and Joann Spadigam, who share news and views on all things rates - includ...
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26:49
Rising borrowing costs in the UK, but is it alone?
It’s early 2025 and yields are as high as December’s party spirits. This week host Imogen Bachra is joined by Kevin Cummins and Joann Spadigam to talk UK government bond moves, a cutting-cautious Fed, and a dovish European Central Bank keen to ...
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29:31
The three kings of central banking: ECB, Fed and BoE
Following a 25 basis point cut by the European Central Bank (ECB), host Joann Spadigam is joined by Kevin Cummins and Ross Walker to dissect the nuance of central bank positions. As we enter 2025, how are markets thinking about key economic dat...
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15:32
A new French PM, future cuts by the ECB and US employment data
This week host Joann Spadigam is joined by guests Oriane Parmentier and Kevin Cummins to update on recent events shaping rates markets. All eyes, of course, are currently on France, where political turmoil is influencing spreads, while in the e...
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17:28
The Year Ahead 2025: Rates markets and the fiscal cliffhanger
In this special edition of Bondcast, Imogen Bachra is joined by Brian Daingerfield and Joann Spadigam to discuss some key themes from our Year Ahead 2025 report, an in-depth guide to what will be shaping economies and markets over the coming 12...
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49:04
US election special: what the Trump victory means for markets (8 November '24)
This week it’s a podcast crossover, as Imogen Bachra and Brian Daingerfield deliver a Bondcast-meets-Currency Exchange special. High on the agenda is what the magnitude of Donald Trump’s election victory means for currencies and policy rate dec...
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32:28
UK Budget breakdown, euro news and the Fed’s post-election mindset (1 November '24)
Join host Joann Spadigam, and guests Deepika Dayal and Ross Walker as they analyse a busy week for rates markets. In the UK, markets are processing a higher than expected set of Government borrowing needs, so what might this mean for the Bank o...
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21:42
Betting markets, a big Budget and a dovish shift
This week Imogen Bachra is joined by Brian Daingerfield and Giovanni Zanni to discuss rates moves in the US, the UK and Europe. What was an un-callable US presidential race based on polling data has become a tussle in betting markets, with Trum...
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32:23
Data dependence, dovishness and the devils in the details
The European Central Bank (ECB) surprised few by cutting its base rate by 25 basis points (bp) on Thursday, but was there anything to learn from the messaging around its decision? This week host Imogen Bachra and Joann Spadigam scrutinise the l...
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14:45
US inflation data, higher UK yields and eurozone analysis
This week the Bondcast team unpicks higher-than-expected Consumer Price Index data in the US, and shares where they think rates will go from here. In the UK, recent yield increases have met our targets, but how might upcoming data next week aff...
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31:31
New UK fiscal frets and old French fears
This week Imogen Bachra and Joann Spadigam ruminate about rates markets on either side of the Channel. In the UK, markets appear to be waking up to fiscal concerns, and have had to take into account recent remarks from Bank of England governor ...
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26:10
European spreads, a Labour conference and new US data (27 September '24)
This week, host Joann Spadigam is joined by Deepika Dayal and Ross Walker to discuss all things rates. In Europe, what is the market's attitude towards October's European Central Bank meeting, and what is happening to spreads in euro-denominate...
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22:44