RTRupert Thompson

1. Article · Sep 9, 2026 · Rupert Thompson, IBOSS Chief Economist

   Bond market anxiety rises as equities remain resilient despite energy shock - London Business News | Londonlovesbusiness.com (opens the original)

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   Last week was another quiet one for equity markets at least. Global equities edged down 0.1% in local currency and up 0.5% in sterling terms. Most markets saw modest gains although the UK was down fractionally and Japan was up 1.8%, buoyed by a strengthening of the yen on speculation of renewed intervention by the authorities. Bond markets, by contrast, remained in the headlines with government bond yields hitting multi-year and in some cases multi-decade highs early on in the week. But yields s

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2. Article · Sep 2, 2026 · Rupert Thompson, IBOSS Chief Economist

   Global markets hold firm despite Iran conflict and mounting rate fears - London Business News | Londonlovesbusiness.com (opens the original)

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   Last week was a quietish one for markets. As of Monday’s close – markets were open yesterday in the US unlike the UK – global equities were up 0.1% in local currency and 0.5% in sterling terms. The US, UK and emerging markets all saw modest gains while Europe was down a little and Japan was up 2.0%, continuing its relatively volatile path of late. Government bonds also ended the week little changed despite US Treasury yields edging higher on the back of a hawkish speech by Fed Chair Kevin Warsh.

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3. Article · Aug 25, 2026 · Rupert Thompson, IBOSS Chief Economist

   Treasuries take centre stage as bond yields, oil and US debt unsettle markets - London Business News | Londonlovesbusiness.com (opens the original)

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   Last week somewhat unexpectedly ended up being all about US Treasuries and partly as a result, global equities reversed some of their gains of the previous couple of weeks, falling 1.1% in local currency and 1.4% in sterling terms. These declines leave markets little changed over the summer and up slightly on their high in early June. As is the norm nowadays, there was significant divergence in performance between the major regions. Japan fared worse (having performed well the previous week) los

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