Hawkish talk, headlines and more tariffs

Bondcast - The Rates Podcast · Jun 5, 2026 · 42m

This week on Bondcast, the team examines how fading optimism over a potential US-Iran agreement and renewed tariff discussions are influencing rates markets. With major central bank meetings approaching, the discussion also turns to the outlook for the European Central Bank (ECB), Bank of England (BoE), and Federal Reserve.

Key topics:

* ECB rhetoric has become more hawkish, but policymakers are unlikely to commit to a fixed hiking path.

* The BoE remains cautious, with centrist policymakers showing little urgency to raise rates.

* Fed officials continue to balance inflation and growth risks…