In 2025, the US term premium (TP) remains stubbornly low even as the national debt surges past 120% of GDP. This phenomenon has puzzled many macro observers, especially those trained in classical models that link rising public debt to higher borrowing costs.

Trinidad and Tobago is at a breaking point. A persistent foreign exchange (FX) shortage has left citizens unable to access US dollars to pay tuition, travel for medical treatment, or import vital goods. Businesses are struggling to finance inputs and repatriate profits. Yet, despite repeated promises of reform, the dysfunction persists. This is not merely a monetary problem. It is the inevitable consequence of a deeper economic contradiction, the Impossible Trinity.

e decision strikes at the core of the executive’s unilateral trade war authority and reshapes the battlefield for U.S. tariff policy heading into the second Trump administration.

Customs tax receipts, retail price indices, shipping costs, and product level tariff rates all point to a CPI acceleration in Q325. However, the impact will be concentrated in specific goods and fade quickly due to falling aggregate demand.

Social media feeds are filled with pronouncements that the dollar is being rejected, that investors are fleeing Treasuries, and that America is on the cusp of a monetary reckoning. But this interpretation is not just exaggerated it's analytically flawed.

This is the story of how Heritage, born from the ashes of the defunct Petrotrin, became the workhorse of a state structure that is as brilliant in design as it is precarious in execution.

As the US stablecoin market rapidly matures and the GENIUS Act advances in Congress, a new debt management strategy is quietly forming,...

The 10yr Treasury yield is creeping back toward 4.75%, sparking chatter about bond vigilantes punishing US fiscal policy. But that story doesn’t hold up to scrutiny.

US banks have ramped up their purchases of Treasury securities, adding over $77bil since April. On the surface, this may seem counterintuitive: Treasury issuance is rising, the Fed is still in quantitative tightening (QT) mode, and real yields remain elevated. So what’s driving this sudden appetite?

his rally was powered not by sentiment, but by a convergence of synthetic foreign capital flows, dealer positioning, and gamma dynamics, with the plumbing running through Ireland, Luxembourg, and the Cayman Islands.

Trinidad and Tobago is walking a fiscal tightrope in 2025. As our Deficit Tracker illustrates, the first five months of the 2025 fiscal year have seen the government rack up a cash shortfall of TT$4.42 bil (according to the current government), placing the country on course to breach TT$11 billion in annual deficit the highest since the TT$17.3 billion collapse in 2020.

This week’s trading on the Trinidad & Tobago Stock Exchange (TTSE) saw broad equity index gains and relatively subdued bond market activity. The Composite Index rose 0.77%, driven by a 1.05% climb in the All T&T Index, while the Cross-Listed Index slipped slightly by 0.08%.

Together, these moves lower the cost of investing in the US and change how taxes affect business decisions. According to US Treasury data, the effective marginal tax rate on investment in the US before this plan was about 24-28 %, well above the OECD average of 19-22%. With these changes, the US rate could fall into the single digits, making it the most attractive place to invest among the major developed countries.

The U.S. economy is not in recession, but the evidence is building toward a stagflation-lite environment real growth is stalling while nominal inflation decays more slowly.

T&T's economy is entering a paradox. While import volumes, retail activity, and consumer prices have surged post pandemic, government tax receipts have failed to keep pace. This divergence not only raises concerns about tax compliance and institutional effectiveness, but also points to a deeper structural problem

Guyana, once one of South America's poorest countries, has captured the world's attention with its staggering economic growth, fueled by offshore oil discoveries in the Stabroek block.

Despite a reassuring 2.3% yoy headline inflation print in April, today's CPI report underscores an increasingly complex inflation landscape. While energy disinflation continues to suppress topline figures

Trinidad and Tobago’s major commercial banks Republic Bank Limited, First Citizens, and Scotiabank have significantly reduced foreign currency spending limits on credit cards and introduced tighter issuance policies

This May rise is not being driven by new inflationary momentum. Rather it is a textbook case of base effects. Inflation prints from the spring and summer of 2024 were unusually soft. This means even modest monthly gains in current prices mechanically lift year-over-year inflation

This article looks at which Caribbean companies, based on their financial reports, are most likely to gain from tensions between the U.S. and China. It also explains what investors should look for when deciding which companies are well positioned for this shift in global trade.