Do we even need bond term premia models?

In The Hitchhiker’s Guide to the Galaxy, Vroomfondel and Majikthise — representatives of Amalgamated Union of Philosophers, Sages, Luminaries and Other Thinking Persons — attempt to shut down supercomputer Deep Thought before it threatens their livelihoods by providing some certainty in answering the ultimate question of Life, the Universe and Everything. Financial analysts face no … Read more

The FT Alphaville swag shop

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Are you an FT Alphaville fan, or lucky enough to know one? Do you/they want to show your/their appreciation with your/their chest? Or tote bag? Or laptop sleeve? Well, you’re/they’re in luck. Head to the … Read more

CoreWeave triggered defaults after breaching terms on Blackstone loan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CoreWeave, the cloud computing group seeking to launch a blockbuster $32bn initial public offering, violated several key terms of a $7.6bn loan last year, triggering a series of so-called technical defaults. The US company, which … Read more