In this week’s Chart of the Week, Jon asks not “When will rates fall?” but “Where will they ultimately settle?”

In this week’s Chart of the Week, Gabby shows the US 10-year Treasury yield, which has risen above 5% for the first time since 2023 (and closed at its highest level in 19 years), and the oil price, which has climbed towards $110 per barrel amid renewed geopolitical tensions and concerns over supply disruption in the Middle East.

In this week’s Chart of the Week, Gary puts the proposed $5,000 “Trump Dividend” into perspective, highlighting its potential $1.23 trillion price tag and what it could mean for US borrowing, inflation and markets.

In this week’s chart, Charles shows the correlation between UK Gilt yields and UK natural gas prices

In this week’s chart, Alex shows the yield of the ‘on-the-run’ 30yr US Treasury bond alongside the gold price in US dollars – and what their recent moves could be telling us about creditworthiness, credibility and confidence in US fiscal policy.