Tinker, Taper, Steeper, Sigh

In this episode of Bondcast, Imogen Bachra and the NatWest Markets team of strategists – Giles Gale for Europe, Theo Chapsalis for the UK, and Jan Nevruzi for the US – debrief after a busy week of central bank meetings that saw the US Treasury tweak its refunding programme (Tinker), the Fed announce it will start to pull back on asset purchases (Taper), volatile spreads and steepening yields curves (Steeper), and a UK rate hike that never came (Sigh).Remember to hit ‘subscribe’ so you can listen to our latest episodes as soon as they’re available. And if you have any questions you’d like answered on the podcast, reach out directly or on Bloomberg – or email [email protected].  NB: This was recorded on 4 November 2021. For any terms used please refer to this glossary:  https://ci.natwest.com/insights/articles/insight-glossary Please view our full disclaimer here: https://ci.natwest.com/disclaimer.