Reports
Comparing the US and Japanese yield curves, bond markets and auctions
Analyzing the US and Japanese government bond yield curves over the years shows that when it comes to steepness, the two nations have "swapped places" several times over the past decade. We show this by charting the spread between 5- and 30-year bond yields for both nations.
Reports
US housing affordability remains in the doldrums
The US had a golden era of housing affordability in the wake of the global financial crisis. Today, first-time homebuyers are having the toughest time in decades - a three-year-old phenomenon that seems unlikely to change soon.
Reports
The Philippines' economy wobbles amid tariff threat
We're revisiting the Philippines economy in more depth. Last week's growth disappointment followed a rate cut and turn to dovish messaging by the nation's central bank.