Bondcast - The Rates Podcast

In this episode of Bondcast, Ian Vanderhorn and market specialists Paul Robson and Oriane Parmentier discuss the passing week’s developments in rates markets. In the UK, there was a sizeable amount of data to process, most notably on inflation. But how is the market reacting? Elsewhere, they discuss rising tensions off the coast of Iran, the price of oil and French bond market resilience.
Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.
This episode was recorded on 19 February 2026, and captions are automatically generated.
For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html
Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

In this episode of Bondcast, Ian Vanderhorn and market specialists Paul Robson and Oriane Parmentier discuss the latest developments in rates markets. They focus on political uncertainties in the UK, the implications of recent job market reports in the US and the Euro area’s supply situation.

You can also find this episode of Bondcast on Spotify and Apple Podcasts.  

Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.

This episode was recorded on 12 February 2026, and captions are automatically generated.

For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html
Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

In this week’s Bondcast, Ian Vanderhorn is joined by Oriane Parmentier and Paul Robson to discuss policy updates in the US, the UK and Europe. 

The Bondcasters kick off this week’s podcast with a review of the Bank of England’s ‘dovish hold’ on 5 February and take a closer look at the drivers behind recent upward drift in yields.

The ECB followed the Bank of England with a rate hold of its own this week – and Oriane digs into what this could mean for the trajectory for rates in the months ahead.

Finally, Ian discusses the latest news out of the Fed: Kevin Warsh’s appointment as the new Fed Chair to replace Jerome Powell once his term concludes in May. Will Warsh’s past views of Fed’s mandate, and the way it uses its balance sheet, affect the trajectory for rates later this year and beyond? Tune in to find out.

You can also find this episode of Bondcast on Spotify and Apple Podcasts.  

Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.

This episode was recorded on 5 February 2026, and captions are automatically generated.

For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html
Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

In this week’s Bondcast, Joann Spadigam is joined by Stuart Sparks and Paul Robson to discuss policy updates in the US, the UK and Europe. Following a much-predicted 25 basis point cut by the Fed, there is still plenty to ponder on US monetary policy going into 2026. And with the Bank of England expected to also cut rates in December, how matched are the two monetary cycles? In Europe, of course, the story is quite different: a glut of supply and rumblings of a rate hike.    

Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.

This episode was recorded on 11 December 2025, and captions are automatically generated.

For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html
Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

In this special edition of Bondcast, host Tim Phillips is joined by Paul Robson, Joann Spadigam and Stuart Sparks to ask what lies ahead in bond markets in 2026 – a year where the focus will be squarely on the Federal Reserve. 

They explore the challenges of elevated sovereign issuance, shifting bond demand, and the global repercussions of fiscal and monetary policy – looking at the UK, the US and Europe in the process. What might steepen curves, and what indicators should we monitor in 2026? 

Finally, the panellists each share their bond superhero names from the Agents of Yield universe...

Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.

To access all the content from our Year Ahead 2026 report, visit natwest.com/yearahead 

This episode was recorded on 12 November 2025.

For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html
Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html