America’s rising ‘moron premium’

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The name’s bond. Treasury bond. The only force that has so far been able to stop Donald Trump, or at least make him rethink, is the US Treasury market. Republicans are supine; Democrats … Read more

Japanese bonds rally on hopes of less supply

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese longer-dated bonds rallied on Tuesday after the government took the rare step of canvassing primary dealers and other market participants for their views on future issuance. The move by the Japanese finance ministry appeared … Read more

EU plans sweeping stress test of non-banks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU regulators are planning their first stress test to look for vulnerabilities in the financial system outside of banks, reflecting fears about the rapid growth of less regulated groups such as hedge funds and private … Read more

Europe’s Leading Start-Up Hubs 2026

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Earlier this year, the Financial Times — with its research partner Statista and its colleagues at start-up media brand Sifted — published its second ranking of the best support schemes for new businesses across Europe. … Read more