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Business

Unhedged

by Financial Times

Today: #171 in Business on our combined chart.

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DateApple Podcasts
Oct 3#156

About the show

Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday. Hosted on Acast. See acast.com/privacy for more information.

Latest episodes

  • Hyperscale my debt!

    October 1, 2026 · 20 min

    While most people are distracted by the latest blow-up in US Treasuries, our hosts Katie Martin and Rob Armstrong lift the lid on a less watched corner of the debt markets. The world’s hyperscalers – giant companies such as Amazon and Meta…

  • An ode to stock picking

    September 29, 2026 · 19 min

    Over the summer, the FT held a revamped version of its stock picking game – think fantasy football for the global equity markets. Some 13,000 people took part – a shocking number considering how unfashionable active fund management has…

  • Bond bombshell

    September 24, 2026 · 22 min

    Global bond yields took a big leg up on Wednesday, with the US 10-year Treasury now well north of 5 per cent. Could further rises trip up a heavily indebted government? Or perhaps an overleveraged hedge fund, with untold market fallout?…

  • Turkish dismay

    September 22, 2026 · 17 min

    Investment funds boast triple-digit returns. Retail investors enthusiastically pile in. Then – surprise! – they turn out to be scams… and implode. The story that played out in Istanbul last week may be as old as the city’s Grand Bazaar…

  • News alert: Fed acts normal

    September 17, 2026 · 20 min

    In response to persistently above-target inflation, the Federal Reserve raised interest rates a quarter-point this week. Typically, this would not merit a full podcast. But in our current world – which includes a persistently Fed-baiting…

  • Should markets discount the AI apocalypse?

    September 15, 2026 · 22 min

    When the Terminator robots come for us all, will there be anywhere safe to run? Certainly not the US Treasury market, where the 10-year yield just broke the totemic 5% level. It’s a sobering thought. But hosts Katie Martin and Rob…

  • Oil, yen and egonomics

    September 10, 2026 · 22 min

    US Treasury secretary Scott Bessent cowed currency traders this week by claiming anyone shorting the yen was betting against “the house”. But he has failed to will US government borrowing costs lower, while his boss has failed to will the…

  • Unhedged Live: How Katie was “right all along”

    September 8, 2026 · 27 min

    Katie called it – so she claims. There are signs that foreign investors may be losing trust in US assets. This has been the source of a running debate between the hosts Katie Martin and Rob Armstrong on this podcast, and Rob finally…