Despite a volatile 2025, spreads are significantly tighter YTD as the tariff story has gradually become ‘old news’, with more structural factors shaping spreads in 2026.

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Our latest report for Brazilian G&O, detailing farmgate prices, amounts sold, exports, and crush margins for corn and soybeans, as well as regional weather developments. In December, Brazilian soybean ...

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As part of the securitisation package, a new amendment has been proposed that lowers the risk weight for covered bonds under the Standardised Approach to 5%.

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