The Filtered Blog / Capital & Markets
Capital & Markets
Rates, markets, and money: read through an operator lens.
A rate decision in Washington reaches your equipment loan in about two quarters; a Treasury move reaches your line of credit faster.
Capital & Markets coverage follows that chain: rates, credit, currencies, and markets read for what they do to a working operator’s cost of money.
No stock picks, ever.
The standing guide for this beat: Capital for Operators.
Latest in Capital & Markets
Rates, markets, and money: read through an operator lens.
Prominent economists warn the Fed may be on the verge of a serious mistake
If a policy error is coming, your floating-rate debt reprices first.
Sep 15, 2026 · 21 min
Trump promises $5,000 dividend to U.S. citizens if Republicans win midterms
A conditional cash transfer. Plan the spike, do not stock for it.
Sep 10, 2026 · 20 min
ECB virtually certain to hike Thursday. Wall Street bracing for the aftermath
ECB hike tightens dollar credit via FX; reprice euro-linked costs now.
Sep 09, 2026 · 14 min
The world may be entering a higher-rate era, bond yields are rising globally
Higher global yields raise the floor on all new debt. Reprice your structure now.
Sep 03, 2026 · 15 min
Global bond rout accelerates as inflation fears mount
Rising yields mean your next loan reprices higher. Lock floating-rate debt now.
Sep 02, 2026 · 12 min
Japan's borrowing costs hit a 30-year high; Bessent flags possible yen intervention
Yen at 160 and 30-year-high yields: intervention risk is live. Hedge before Tokyo moves.
Sep 01, 2026 · 17 min
France's borrowing costs near 2008 highs, sovereign debt stress is real
French sovereign stress tightens global credit. Stress-test EUR exposure before it spreads.
Aug 31, 2026 · 14 min
Treasury yields flat as markets hold for Warsh's Jackson Hole speech
Yields flat; wait for Warsh's signal before locking debt terms.
Aug 28, 2026 · 14 min
10-Yr Treasury at 4.64%, rates holding near recent highs heading into fall
Rates near highs; lock fixed-rate terms before the next Fed signal.
Aug 27, 2026 · 16 min
Dick's Sporting Goods miss drags Foot Locker and footwear peers lower
Consumers buy only on deeper discounts; reprice inventory before margins erode further.
Aug 26, 2026 · 17 min
US widens Iran sanctions to cover crypto, gold, shipping, and technology
Iran sanctions now cover crypto, shipping, and gold; audit your counterparties.
Aug 25, 2026 · 18 min
Warsh faces Fed independence test as Bessent moves in on central bank's turf
Fed independence questions mean lock variable rates now.
Aug 21, 2026 · 16 min
US national debt crosses $40 trillion after doubling in a decade
Debt at $40T plus 30-year yields at nearly 20-year highs: lock rates before September.
Aug 20, 2026 · 13 min
Global borrowing costs hit fresh highs on oil, AI spending, and inflation fears
Global borrowing costs are at fresh highs. Lock terms before the next FOMC print.
Aug 19, 2026 · 13 min
30-year Treasury yield hits a 19-year high, three drivers could push it further
30-year yield at 19-year high. Reprice long-duration borrowing now.
Aug 18, 2026 · 14 min
Goldman Sachs says a September Fed rate hike is 'very unlikely'
September hike unlikely; lock fixed rates while the pause lasts.
Aug 17, 2026 · 19 min
Workday stock surges on buyout speculation, software M&A heating up
Workday buyout talk reprices software comps; update your benchmarks.
Aug 14, 2026 · 15 min
A California goat farm uses prediction markets to hedge a new state law
Prediction markets let operators hedge regulatory risk, not just Wall Street.
Aug 13, 2026 · 17 min
Citadel Securities flags a leverage buildup it sees coming in equities markets
Leverage may build again. Re-stress your downside scenario.
Aug 12, 2026 · 15 min
Intel raises $20B in stock, a dilutive bet on its AI infrastructure pivot
Intel's $20B raise funds AI pivot; recheck vendor commitments.
Aug 11, 2026 · 19 min
TSMC sales surge 45% on AI chip demand, supply constraints will follow
TSMC's 45% surge means AI chip lead times stretch and prices climb. Order now.
Aug 10, 2026 · 13 min
SK Hynix commits $38B to new memory-chip plants as AI demand soars
SK Hynix's $38B build tightens memory supply now; lock contract pricing before spot rates move.
Aug 07, 2026 · 14 min
Fed's Kashkari says now is the time to start slowly moving rates lower
Kashkari signals cuts are coming. Lock fixed-rate terms before the market prices it in.
Aug 05, 2026 · 17 min
New Fed chair and White House allies deflect on inflation reduction plan
Rates stay elevated longer; re-run your cost-of-capital math.
Aug 05, 2026 · 14 min
Private credit's deep entanglement with insurance is drawing fresh scrutiny
Insurance-backed private credit may get pricier.
Aug 02, 2026 · 14 min
Iran strikes U.S. assets in Kuwait and Bahrain after Egypt drone attack
Gulf strikes raise war-risk premiums. Re-quote your exposure now.
Jul 31, 2026 · 22 min
Rising cost of capital starts spooking equity markets, 'spending might not pay off'
Cost of capital is rising. Lock rates and sharpen your ROI story now.
Jul 23, 2026 · 14 min
American Airlines slashes 2026 earnings outlook as fuel costs spike
American Airlines cut its 2026 earnings outlook due to higher fuel costs.
Jul 23, 2026 · 10 min
Treasury market nearing a warning milestone last seen in 2007
The 30-year Treasury yield is approaching its longest stretch above 5% in 19 years — a milestone last seen in 2007 — signaling persistent inflation concerns and potential economic
Jul 22, 2026 · 10 min