28 August 2026 · 17:20 Cairo
Edition archive
Research editions
Newest first. Return to a prior edition whenever an idea needs context.
28 August 2026 · 16:05 Cairo
Research — 28 August 2026
28 August 2026 · 11:52 Cairo
Research — 28 August 2026
28 August 2026 · 01:59 Cairo
Research — 28 August 2026
27 August 2026 · 17:06 Cairo
Research — 27 August 2026
TS Lombard's read on the Bessent buyback and Warsh's bind: the Treasury has removed the Fed's option of letting the long end tighten conditions, leaving a steeper curve and a wobbling equity market on tap.
26 August 2026 · 15:48 Cairo
Research — 26 August 2026
Goldman Sachs revises BoJ call to a September hike, MUFG shows market pricing at 85% probability, and UBS flags long-end Treasury breakout risks.
25 August 2026 · 11:52 Cairo
Research — 25 August 2026
Jackson Hole preview: Chair Warsh may choose between a big-picture speech or a traditional setup for upcoming action, with inflation still elevated and three dissents at the July FOMC.
24 August 2026 · 20:37 Cairo
Research — 24 August 2026
Treasury's surprise doubling of long-end buybacks is a signal, not a solution. Morgan Stanley sees it as a stopgap until the November refunding, while Goldman Sachs argues macro pressures will push the pressure elsewhere—likely into the dollar.
23 August 2026 · 18:39 Cairo
Research — 23 August 2026
GS Meschoulam's Operation Twist 4.0 is the essential framework: the buyback can compress term premia temporarily, but today's problem is fiscal rather than technical, so the most likely outcome is a temporary flattening, not a permanent solution.