As Germany passes its budget, the country is spearheading a new – possibly permanent – era of defence spending by NATO countries. Elsewhere, US and UK government bond yields crept higher. Read our weekly snapshot of global fixed income markets.

This week we are looking at Japan – a country that's going to be in focus at the end of the week thanks to upcoming elections.

Assumptions underpinning the dollar’s role as the world’s primary reserve currency are increasingly eroding. What if the tower starts to fall?