One Basis Point

A morning read on global markets, one point at a time.

By Jesse Williamson

· Launched 8 months ago

Gimme, Gimme, Gimme

AI bond demand is hotter than London temperatures.

May 28•Jesse Williamson

Explore More Points...

• Gate Crashing
  Back from a hiatus. Mar 24•Jesse Williamson

• A Warsh-Led Fed
  Regarding rates, the balance sheet, and regime change. Feb 3•Jesse Williamson

• Bye, America.
  The "Sell America" trade redux. Jan 21•Jesse Williamson

• The Last Mile
  How tariffs bent core inflation and reshaped the Fed’s 2026 outlook. Jan 17•Jesse Williamson

• Markets Are Learning to Live With Rearmament
  “Defence is the best secular equity theme … everywhere.” Jan 14•Jesse Williamson

• Swapping Spheres of Influence
  US, China, Russia, and NATO walk into a bar... Jan 7•Jesse Williamson

• Mr Mac & Mrs Mae
  “Don’t fight the GSEs” replaces “don’t fight the Fed.” Dec 15, 2025•Jesse Williamson

See all