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In this podcast, Francis Diamond, Aditya Chordia and Khagendra Gupta discuss their the reaction of European rates markets to the tariff announcement this week.

This podcast was recorded on 04 April 2025.

This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4949749-0 , https://www.jpmm.com/research/content/GPS-4946392-0 for more information; please visit

Global Rates: European rates and Tariff Top Trumps

At Any Rate