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In this podcast Francis Diamond and Aditya Chordia discuss some key themes in European rate markets for January, revisiting the theme of limited selective carry in Euro area rates and the increased political noise in the UK this week.

This podcast was recorded on 23 January 2026.

This communication is provided for information purposes only. Institutional clients can view the related report at

European Rates – Less keen on carry, UK political noise but no signal

At Any Rate