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
193 episodes
A cut in the US, but what’s in store for UK rates?
In this week’s Bondcast, Joann Spadigam is joined by Stuart Sparks and Paul Robson to discuss policy updates in the US, the UK and Europe. Following a much-predicted 25 basis point cut by the Fed, there is still plenty to ponder on US monetary ...
•
18:00
The Year Ahead 2026: When all is Fed and done
In this special edition of Bondcast, host Tim Phillips is joined by Paul Robson, Joann Spadigam and Stuart Sparks to ask what lies ahead in bond markets in 2026 – a year where the focus will be squarely on the Federal Reserve. They...
•
26:50
Decisions, decisions for central bank policymakers
In this week’s Bondcast, Joann Spadigam is joined by Deepika Dayal and Paul Robson to discuss the outlook for next week’s interest rate decision from the Bank of England, as well as the implications of fiscal policy on the UK’s monetary stance....
•
22:20
All about cuts
In this week’s Bondcast, host Joann Spadigam is joined by Paul Robson and Ian Vanderdorn to discuss rates markets. They analyse the UK’s latest inflation figures and prospects for base rate cuts, the Federal Reserve's monetary policy stance dur...
•
24:36
What’s behind the market rally?
This week, host Joann Spadigam and guests explore a change in the fortunes of fixed-income assets, led by gilts and comments from the Bank of England on monetary policy. They also delve into the political landscape in France, highlighting the c...
•
18:36
Our take on the crises in France and the US
With fresh turmoil in the French parliament, this week's host Ian Vanderhorn is joined by guest Oriane Parmentier to talk about what might happen in the days ahead. They also analyse the likely path of OATs and how markets may react to further ...
•
12:42
What to make of the US shutdown
This week host Joann Spadigam is joined by Ian Vanderhorn to analyse what the US Government shutdown means for markets, and the data they rely on. They also delve into the political dynamics behind the shutdown, and the reaction in markets. But...
•
16:51
No alarms and no surprises
In this episode of Bondcast, host Ian Vanderhorn and guests discuss recent monetary policy decisions made by the Bank of England (BoE) and the Federal Reserve. And while the policy rates delivered few surprises, there is still much for markets ...
•
19:31
Mixed messages from global central banks
This week host Joann Spadigam is joined by Oriane Parmentier and Ian Vanderhorn to discuss key economic indicators and political developments affecting major markets. They focus on the ECB's dovish stance, challenges in France's budget negotiat...
•
21:13
Bond markets go back to school
As the Bondcast team returns from summer, they discuss recent movements in rates markets, focusing on fiscal concerns in the UK, expectations for the upcoming Autumn Budget, the outlook for the US economy and Federal Reserve policy, political r...
•
27:36
A cut for UK rates in August, but will the Fed follow suit in September?
It wasn't the first cut in the cycle, nor at 25 basis points was it the deepest, but there was still plenty to talk about following the Bank of England's (BoE's) reduction to the Base Rate. In this episode, Joann Spadigam is joined by Paul Robs...
•
18:35
A hold in the US, but the devil is in the details
This week Joann Spadigam, Kevin Cummins and Ian Vanderhorn focus on the Federal Reserve's decision to hold rates in the US. They analyse the stance on interest rates, inflation and labour market conditions, as well as the US Treasury's borrowin...
•
23:04
Central bank spotlight
This week, it's all about central banks. Host Joann Spadigam is joined by Paul Robson and Deepika Dayal to discuss the ECB's recent interest rate hold, expectations for the upcoming US Federal Reserve rate decision and the next Bank of England ...
•
18:45
UK and US policy in the spotlight
Joann Spadigam, Paul Robson and Ian Vanderhorn take a closer look at the latest UK data and the potential impact on the Bank of England’s thinking around rate cuts and quantitative tightening.They also dig into the latest US inflation p...
•
21:01
Complacency, complexity and complications
In this episode of Bondcast, Joann Spadigam and Stuart Sparks discuss the current state of tariffs and trade deals, particularly in relation to the US and Europe. Might markets be underestimating recent developments? They also analyse why US mo...
•
19:36
Where there's a Bill, there's a way
This week, Joann Spadigam, Paul Robson and Ian VanderHorn discuss recent developments in bond markets, focusing on gilt market volatility, the Bank of England's quantitative tightening, the US's big and beautiful budget bill and the European Ce...
•
24:53
Normal service resumes?
This week, Joann Spadigam is joined by Kevin Cummins, Paul Robson and Stuart Sparks to discuss the recent geopolitical shifts and the impact on markets, particularly in relation to oil prices and investor sentiment. They delve into central bank...
•
20:05
Interest rate holds and global uncertainty
This week Joann Spadigam is joined by Paul Robson in a Bondcast/Currency Exchange crossover to talk about interest rate holds in the UK and US. Were there any clues about the nature of future decisions? Away from the central banks, they also di...
•
13:42
Italy's hot, but France not so much as spreads near to zero
This week, Joann Spadigam, Giovanni Zanni, and Oriane Parmentier discuss the convergence of Italian and French yields. As the spread nears zero, they analyse underlying economics, political dynamics, consider debt sustainability in both countri...
•
18:37
What to expect ahead of UK and US rate decisions
In this episode, Joann Spadigam, Paul Robson and Stuart Sparks discuss recent economic data in the UK, including inflation and labour market statistics, the implications of the spending review, and expectations for the upcoming Bank of England ...
•
19:12
ECB on summer break, but what about the UK and US?
This week Joann Spadigam, Paul Robson and Stuart Sparks discuss the recent European Central Bank meeting, interest rate projections, and the implications of quantitative tightening in the UK. They also analyse the current economic landscape in ...
•
19:12
Japan, UK issuance, and another tariff re-de-escalation
With Japan’s bond markets making headlines, Joann Spadigam is joined by Paul Robson and Stuart Sparks to analyse market sentiment and discuss the broader global impact – including here in the UK. They also discuss the impact of the latest tarif...
•
21:12
A curse on curves?
With high long-end yields in the UK and the US, Joann Spadigam is joined by Paul Robson and Stuart Sparks to analyse market sentiment, and discuss why inflation is still so crucial to central bank policy. They also talk about the dynamics of Eu...
•
20:19