12 tail risks, from AI spending to France and oil, threaten markets
Financial markets and major economies are facing an unusually large number of tail risks amid rising bond yields, rising energy prices and widening junk bond spreads, while long positions in the Hungarian forint, Icelandic króna and Norwegian krone a
October 15, 2026 (MLN): Financial markets and major economies are facing an unusually large number of tail risks amid rising bond yields, rising energy prices and widening junk bond spreads, while long positions in the Hungarian forint, Icelandic króna and Norwegian krone against the euro have been suggested as hedges. In a report titled “Heads, Or Tails?”, Gavekal Research said it cannot recall a period since it wa...