This week host Imogen Bachra and Joann Spadigam discuss their views on policy developments in UK and European bond markets. In the former, fiscal headroom may not have a dramatic affect on gilt issuances, even as the market is becoming more retail friendly. In Europe, the European Central Bank is growing wary of cutting rates too early, while PMI data suggests a deviation between German and France economic expectations. And how are retail issuances performing in Italy?    Remember to hit ‘subscribe’ or ‘follow’ so you can watch or listen to the latest episode of Bondcast as soon as they’re available.  NB: This was recorded on 22 February 2024.  For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html  Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html  Please note that captions are automatically generated.