James Hirai

(Bloomberg) -- JPMorgan Chase & Co. has brought forward its call for a half-point interest-rate cut from the European Central Bank to December, citing the bloc's slowing economic activity.

French markets steadied on Wednesday ahead of a historic no-confidence vote in the government, showing investors have already prepped for the downfall of Prime Minister Michel Barnier’s administration.

French government bonds rallied for a fourth day, driving the risk premium on the nation's bonds to the lowest level in more than two weeks on speculation the nation's fractious parliament will eventually strike a deal on the budget.

(Bloomberg) -- French government debt extended a rally on speculation the nation's fractious parliament will eventually strike a deal on next year's budget.

Traders should wager on a slower pace of interest-rate cuts by the European Central Bank next year, according to Citigroup Inc., which says the market has gone overboard in betting on swift reductions.

(Bloomberg) -- Traders should wager on a slower pace of interest-rate cuts by the European Central Bank next year, according to Citigroup Inc., which says the market has gone overboard in betting on swift reductions.

Germany is heading into 2025 facing a snap election, trade tensions with the US and a possible recession. For debt investors that’s a perfect recipe for another strong year of returns.

UK government bonds tumbled, catching up with an aggressive selloff in US Treasuries overnight after Federal Reserve Chair Jerome Powell signaled greater caution over how quickly policymakers can continue reducing borrowing costs.

Long-term UK government borrowing costs are approaching the highest level since 1998 as investors struggle to work out how much the Bank of England will cut interest rates next year.