Mind the gap: Spread between German and Italian bonds yields widens after ECB announcement ft.com/content/d16aaf… via Financial Times

We’re thrilled to announce that Laurence Fletcher (Laurence Fletcher) & Tommy Stubbington (Tommy Stubbington), Financial Times have won ‘CFA UK Journalism Award: ESG, Climate and Sustainable Investing.’ 🎉   Congratulations!   #JouranlismAwards #CFAUK Financial Times

The pound tumbled to an all-time low against the dollar this morning. What’s behind this market move and what can we expect next? Join Claire Jones Tommy Stubbington and @mfilippino for a Twitter Space at 2.30pm BST today Set a reminder below 👇 #poundsterling on.ft.com/3xQmPNy

How Kwasi Kwarteng’s mini-Budget broke the UK bond market ft.com/content/4e6b89…

✨ New job tweet ✨ I'm starting as the FT's new digital markets correspondent, covering all things trading, traditional and crypto exchanges. Get in touch with tips, thoughts or story ideas!

“This is the babiest of baby steps to regaining fiscal credibility” - markets respond to Truss tax U-turn ft.com/content/847afd…

Where we are in gilts - absolutely extraordinary. 30-year bonds are not meant to move like this - rpt by Adam Samson Tommy Stubbington Josephine Cumbo ft.com/content/c7ed96…

Gilts are selling off again and we're getting pretty close to the levels that prompted the BoE's initial intervention two weeks ago ft.com/content/7d2da6…

30-year gilt yields have now gone up 50bps and then all the way down again over the last three days. Totally normal, healthy market ft.com/content/102a51…

Markets seem happy with Hunt's statement - via Tommy Stubbington: - Sterling up 1.3% at $1.1316 against the dollar - 30 year gilt yields trading 0.42% points lower, 2 year yields down 0.28% points, 10 year yields 0.36% points lower ft.com/content/d653d3…

"How much does a kwarteng cost?" Louis Ashworth attempts to quantify Britain’s moron risk premium ft.com/content/089082…

LDI pension schemes have effectively subsidised long-term UK government borrowing for the last 20yrs - but that demand is fading, helped by the recent crisis. Important column by Patrick Jenkins ft.com/content/8d05c9…

Investors say they're not baying for austerity 2.0, and that Rishi Sunak's government risks learning the wrong lessons from the gilts crisis ft.com/content/514f26…

“Jeremy Hunt has delivered a budget which has not seen gilt yields go to the moon and the pound crater, so this is roaring success so far” ft.com/content/e0606c…

‘Who is going to buy?’ UK set to unleash historic debt deluge via Financial Times ⁦Tommy Stubbington⁩ ⁦Bank of England⁩ As the UK awaits record bond supply, I am amongst other gilt market participants considering who will buy and what impact this might have #gilts on.ft.com/3h6ePmj

Interest rates are rising; easy money is over; the cracks are showing. If you fancy a really jolly Financial Times film to kick off the holidays, come with us as we guide you through what could go wrong in financial markets in 2023 Ho ho ho youtu.be/lFAQ0Euv724

This chart going to zero: end of an era. We'll still have the memories, I guess. Nice hit from Tommy Stubbington on what it means ft.com/content/35779b…

🚨Job news! Excited to join the FT’s markets desk today covering sovereign bonds and currencies. Anyone with rates and FX story ideas, please get in touch: [email protected]

Bonus Season 2024: Are you expecting a payout, or a doughnut? 🍩 The Financial Times’s *anonymous* bonus survey is now open. Last year, most said they would invest any cash, and one in six said they would pay a chunk off their mortgage. But one guy bought a boat!🛥 survey.ft.com/jfe/form/SV_5B…

🚨I'm starting a new job today as the FT's Senior Markets Correspondent #delighted Keen to talk rates/FX and big global capital-markets stories, do get in touch at [email protected]