The unbearable lightness of the sovereign greenium
Since 2016, many governments have issued ‘green’ debt instruments to support the transition to a low-carbon economy. This column shows that a yield discount on
Under pressure? Central bank independence meets blockchain prediction markets
The independence of monetary authorities from political interference is a foundational principle of modern central banking, and understanding whether threats to this independence affect expectations
Beyond words: Fed chair voice sentiments and US bank stock price crash risk
Investors and policymakers increasingly rely on verbal guidance rather than policy moves. This column examines whether the emotional sentiment of the chair of the Federal
