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Knicks fans juggle sports and politics during NBA Finals watch parties in Hudson
Many fans experienced Game 3 of the series as more than just a basketball game.
NBA the Run Plays Like a Distant Descendant of the NBA Street Series Rather Than a True Successor, With Quick Matches and a Star-studded Roster
A quick-match basketball game that plays more like a distant descendant of NBA Street than a true successor.
Rutgers Women’s Basketball Conference Home and Away Opponents Revealed
Earlier today, the Big Ten announced the confirmed conference matchups for the 2026-2027 Big Ten women’s basketball season. As a result, we now know which teams Rutgers will play at home and which teams they will play on the road. That list is as follows: Home: Illinois, Michigan State, Nebraska, Northwestern, Ohio State, Purdue, UCLA, […]
Trump becomes first sitting president to attend NBA Finals game
Donald Trump arrived at MSG prior to Game 3 of the NBA Finals, becoming the first sitting U.S. president to attend a game in the basketball league's championship series.
Hooplandia announces youth clinics and entertainment lineup ahead of registration deadline
Organizers of Hooplandia are making a final push for registrations ahead of the June 15 deadline, while unveiling a lineup of basketball clinics, live entertainment and interactive activities.
UCLA Women’s Basketball Adds Second Freshman to Roster
UCLA women’s basketball signed Slovenian freshman guard Lina Jerkovic for the 2026-27 season, the team announced on Sunday. Jerkovic is just the second incoming freshman to join the squad alongside Spanish guard Somto Okafor. UCLA is entering a rebuilding phase after winning the national championship last season. Part of that rebuild involved signing five players […] The post UCLA Women’s Basketball Adds Second Freshman to Roster appeared first on LA Sports Report.
The Obama Center opens as a time warp to an old political order
One end of the regulation-size basketball court that anchors the south tip of the Obama Presidential Center campus is emblazoned with the words “Yes We Can,” and at the other end, “Fired Up, Rea...
Arkansas basketball 2026 NBA mock draft projections
The NBA Draft is later this month, and a trio of Hogs will hear their names called. Here are the latest mock draft projections for Arkansas prospects.
Women’s sports are booming for the Texas Longhorns — investment is the reason why
After the Longhorns won a second national title in softball, women's basketball coach Vic Schaefer explains why women's sports are booming at Texas.
NASA Satellites Reveal Aquifer Decline in Brazilian Breadbasket
A collaboration of scientists from NASA and Brazilian research institutions has produced a detailed picture of groundwater change across Brazil. The images
Sports quiz of the week: World Cup, French Open, Lord’s, Giro and NBA
Have you followed the big stories in football, rugby, cricket, cycling, basketball, horse racing, tennis and hockey?
Mamdani harnesses New York Knicks run, seeking to power progressive politics
NEW YORK — New York City Mayor Zohran Mamdani (D) is riding a wave of Knicks mania as the city’s storied basketball team makes its strongest run at an NBA championship in a generation. Much of the …
Kevin Kiley basks in likely win as Dems fumble Prop. 50 district
Kiley received favorable results late Tuesday night.
Allen Greene is making a bet big on Pitt football and basketball. Will his gamble create a 'launching pad' for NIL growth?
Pitt athletic director Allen Greene has a strategy to boost NIL fundraising efforts: Bet big on the two sports that generate the most revenue. During a...
Vote in our L.A. Sports Hall of Fame (USC edition)
Introducing the L.A. Times Sports Report Hall of Fame, where readers vote for Hall of Famers in various categories.
UD men’s basketball announces some 2026-27 non-conference opponents
The University of Dayton men’s basketball team has announced some of its non-conference opponents for the upcoming season.
Greatly improved NBA Finals presentation answers prayers of basketball fans
Game 1 of the 2025 NBA Finals represented a low point for the NBA on television. And in many ways, Game 1 of the 2026 NBA Finals felt like a renaissance. Years of discontent with increasingly moribund production culminated in widespread disappointment during last year’s opening game between the Oklahoma City Thunder and Indiana Pacers.…
The Knicks Represent the Best of New York Sports
An ode from a long-suffering fan
3 scenarios for the final Michigan Basketball roster spot
Where will Dusty May and his staff turn for the final roster spot? Here are 3 scenarios for Michigan Basketball:
Ms. Basketball has the latest in entertainment news
Serena Williams is out of retirement, Odell Beckham Jr. is back with the Giants, plus more
UConn To Face Michigan In TNT Sports HOF Series Boston - University of Connecticut Athletics
STORRS – The UConn men's basketball team will return to Boston's TD Garden next season for a 2026 National Championship rematch with Michigan, as announced b...
Milan Momcilovic commits to Kentucky Basketball over Louisville Cardinals
The Iowa State transfer is joining the Kentucky Wildcats!
Where's MSU basketball land in latest preseason rankings from ESPN?
See where Michigan State basketball landed in the latest batch of preseason rankings from ESPN
Florida a clear 'winner' following NBA draft withdrawal deadline
Florida basketball gets back all three players who had considered leaving to the NBA draft this summer. That makes the Gators a winner already.
The IX Sports Podcast with Pitt’s Robin Harmony
New Pitt women's basketball head coach Robin Harmony talks about how she plans to move the team onwards and upwards.
Top college basketball analyst praises Duke head coach Jon Scheyer
Duke head coach Jon Scheyer recently received praise from a top college basketball analyst, Jay Bilas.
Market Basket succession drama: Who will be the next CEO?
A recent promotion is fueling speculation that Arthur T. Demoulas's nephew is next in line to take over the grocery chain.
Why Elliot Cadeau Anchors Michigan’s Title Defense
Elliot Cadeau gives Michigan basketball a proven starting point for its title defense. See what his return means for the Wolverines.
What more international signings mean for Florida, college basketball
Florida boosted its 2026-27 roster with a pair of International signings but the additions speak to the changing landscape in college basketball.
Mr. Basketball, Miss Basketball share unique distinction as state champions
Indiana All-Star week: Mr. Basketball Luke Ertel of Mt. Vernon and Miss Basketball Gracyn Gilliard of Center Grove the rare double state champion duo.
Sixers hiring Mike Gansey as new president of basketball operations
The Sixers have landed on Daryl Morey’s replacement.
Duke Basketball's Opponent Set for 2026 Jimmy V Classic
The Blue Devils will play in the 2026 Jimmy V Classic.
College basketball rankings: St. John's continues offseason rise with addition of Tounde Yessoufou
Rick Pitino added yet another weapon, and the Red Storm are knocking on the door of the top 10 in the latest Top 25 and 1
Palmetto Sports Shorts: Chase Thompson’s basketball tricks
WATCH: Palmetto Sports Director Carmine Gemei speaks with Clemson Men’s Basketball forward Chase Thompson about his basketball tricks with the Alexandria Aces.
Hoop for Coop’s 9th Annual Men’s Health Fair and Basketball Tip-Off returns to Akron
This Saturday, Hoop for Coop will host its 9th Annual Men’s Health Fair and Basketball Tip-off, which will feature more than 40 vendors and community partners.
In Memory of Wake Forest Sports Hall of Famer Jack Murdock - Wake Forest University Athletics
Jack Murdock was a two-sport standout for the Demon Deacons men's basketball and baseball programs during the mid-1950s.
After Rich Colleges Raid Basketball Team, School Exits D1 Sports
(Bloomberg) -- Saint Francis University was out of its league, and Father Malachi Van Tassell knew it.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President Biden Sues to Stop DOJ Sharing Interview Tapes‘KPop Demon Hunters’ Studio Draws Tencent Music InvestmentBigger, richer universities were raiding its men’s basketball team, luring away
Nelson High multi-sport standout Simone Sideris achieves NCAA Division I dream
The Nelson High School senior played basketball, soccer and track, constantly searching for where she truly belonged.
Arkansas basketball notebook: John Calipari supportive of measures in new Protect College Sports Act
Speaking to reporters at the SEC's spring meetings in Miramar Beach, Florida, Arkansas men’s basketball coach John Calipari touched on a variety of topics.
Building Toward the Games: Army Team Sports Competitors Train in San Antonio Ahead of 2026 Warrior Games
U.S. Army Staff Sgt. Chelsey Scott, left, participates in wheelchair basketball training during Army Team Sports Camp in San Antonio, May 2026. The camp helps Team Army competitors strengthen teamwork, resilience and adaptive sports skills ahead of the 2026 Warrior Games. (U.S. Army photo by Corey Wallace)
Former Badgers basketball star Sam Dekker turns to coaching
After 11 pro seasons in the NBA and overseas, Dekker will become an assistant coach for the University of South Carolina Gamecocks.
Analyst believes Alexandros Samodurov will commit to UNC
Greek center Alexandros Samodurov is heavily linked to UNC basketball. An analyst believes the Tar Heels are in a strong position.
Gus Macker basketball tournament headed back to Rochester
The Gus Macker Tournament, a 3-on-3 basketball tournament funding YMCAs, will return to Rochester for the first time since 2019.
The NBA’s contract with YouTuber Kenny Beecham could be a new blueprint for sports leagues
The NBA's blueprint for working with creators like Kenny Beecham could be a sign of where sports leagues are headed.
Opinion: Care for women's sports is just some curiosity and a Google search away
April 5, 2026, was the proudest I have ever felt as a Bruin. Our women’s basketball team beat the South Carolina Gamecocks 79-51 in the NCAA championship.
Olympiakos beats Real Madrid 92-85 to win EuroLeague title
Olympiakos clinched the EuroLeague basketball title on Sunday, beating Real Madrid 92-85 despite a late stretch of mistakes. Alec Peters hit the final free throw as Olympiakos secured its fourth continental crown, sparking wild celebrations at the Telekom Center in Athens and across the Greek capital. “Blessed is the only word I have,” the American-born Peters said.
Larry Bird voiced disapproval of the NBA's focus on entertainment: "There's more hype than there is game"
Bird was not in favor of the NBA’s shift in focus.
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too | 830 WCCO
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too | KCBS All News 106.9FM and 740AM
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too | WBEN
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too | KNX News 1070 AM
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too | 1010 WINS
Life of A Basketball Fan: Taylor Swift attends Cavs-Knicks in Cleveland with fiance Travis Kelce
Turns out, Taylor Swift likes basketball, too.
Report: NCAA could rule top international prospects ineligible
This could cause a major shake-up in college basketball
Spring sports surge: How to avoid foot and ankle injuries
One warm weekend — and suddenly everyone is back outside running, playing pickleball, or hitting the basketball court. But doctors say jumping into intense activity too quickly can lead to painful injuries that may keep you sidelined for weeks.
Sports Daily Live: Major changes coming to state basketball tournaments in Kansas
As conversations emerge concerning the Big 10 and SEC possibly wanting to break away from the NCAA, we look into the situation and how leagues like the Big 12 should respond.
Dick Vitale’s latest health update has sports world celebrating
Some positive news from one of the faces of college basketball
Dick Vitale’s latest health update has sports world celebrating
Some positive news from one of the faces of college basketball
Mallon Receives Inaugural Dawn Staley Legacy Award at Philadelphia Sports Legacy Honors
PHILADELPHIA - Janet E. & Barry C. Burkholder Family Head Women's Basketball Coach Amy Mallon was one of six recipients of the inaugural Dawn Staley Legacy A...
Illinois and Duke Matchups Preview with Duke Basketball Report!
Can Illinois get revenge after Duke beat them by 43?
2026 NBA Draft: Koa Peat and Milan Momcilovic headline 10 prospects who should return to college basketball
With the withdrawal date looming, these 10 players would benefit more from another year of college basketball
How Allie Clifton built a modern sports media blueprint
It’s 2,200 miles from Los Angeles to the small town of Van Wert, Ohio. And for Allie Clifton, her roots in the rural northwest corner of the Buckeye State are what have anchored her journey to national prominence as a basketball voice. “To be where I’m at now, I don’t take it lightly. I don’t…
Kentucky, UNC, Kansas, Michigan, UConn in discussions with big new blue blood-laden college basketball event
The 'Diamond Cup,' a new eight-team event, is being prepped for 2027, but can it come together as planned?
Fantasy Basketball: Risers and fallers from 2026 NBA Draft Combine
Two weeks after 'PBA' voted through, IHSAA commissioner addresses new bylaw in letter
IHSAA commissioner Paul Neidig addresses new PBA bylaw in letter. Other notes include basketball coaching hire, recruiting updates.
'Going to be a historical event:' Flavor Flav women's sports parade set
From a social media post to county approval; Flavor Flav's women's sports parade in Las Vegas is officially happening.
Evaluating Rueben Chinyelu's NBA draft decision after combine results
One of the biggest questions heading into the NBA draft is whether Florida basketball's starting center Rueben Chinyelu will return to school.
Former LSU, NBA Basketball Talent And Renown LSU Sports Psychologist Set For 10-Day Strategic Mission To Burundi
Tyrus Thomas, in an NBA playoff game with the Charlotte Hornets..
NBC Sports hires Dave Flemming for play-by-play
Dave Flemming, the longtime lead radio play-by-play voice on KNBR for the San Francisco Giants as well as a college basketball and football and MLB and golf commentator for ESPN, has joined NBC Sports as a play-by-play voice for MLB Sunday Leadoff games on Peacock and NBCSN.
Victor Wembanyama does it all with 40-20 in 2 OTs to send Spurs past Thunder in Game 1 classic
Wembanyama played the most minutes of his basketball career and made the most of them in an all-time performance.
KSR: Kentucky Wildcats Football & Basketball
The latest Kentucky Wildcats news, recruiting, transfers, and NIL information at KSR, part of on3.com
Report: Suns will explore trading into draft's 1st round
The Phoenix Suns enter the 2026 NBA Draft with the 47th pick. A path to moving into the first round remains hard to see.
High school sports 23 weekend top performers basked in the sun
Finally blessed with good weather, these 23 high school athletes showed their best stuff over the weekend. Check out the top performers.
Poets&Quants’ World’s Best 40-Under-40 Graduate Business Professors Of 2026
As a professional club player in Spain, Raul Villamarin Rodriguez noticed that the biggest mistakes in a basketball game didn’t come from complicated plays or lack of training. The professors selecte...
UNC basketball expected to get visit from top five recruit
Michael Malone and the UNC basketball program are projected to get a visit from this top five player.
Omaha Steaks, Nerf basketball and Hazmat suits: Former contagion patients describe life in quarantine amid Hantavirus
Former patients share what it’s like to be stuck inside specialized biocontainment facilities like the ones now occupied by passengers exposed to the hantavirus outbreak.
What's behind Detroit's new summer Midnight Basketball League
The city of Detriot had members of the Detroit King and Detroit Renaissance boys and girls basketball teams promote its new basketball league online.
PHOTOS: Long Beach Adaptive Sports Fair
The second local Long Beach Adaptive Sports Fair took place at Long Beach City College on May 16th. The event featured a variety of adaptive sports including basketball, boccia, baseball and dance. PLAYMAKERS of Long Beach, Angel City Sports and Triumph Foundation teamed up to host the fair in a mov
Ohio State basketball Big Ten opponents announced for 2026-27
This past week, the Big Ten announced the Ohio State basketball opponents for the 2026-27 conference season.
ACC backs Duke's TV deal with Amazon
Amazon and Duke announced an agreement last month for Prime to exclusively air three Blue Devils men’s basketball games in the 2026-27 season.
ACC backs Duke's TV deal with Amazon
Amazon and Duke announced an agreement last month for Prime to exclusively air three Blue Devils men’s basketball games in the 2026-27 season.
Bob Myers, tasked with hiring 76ers GM, wants a collaborator
Myers, who helped guide the Warriors to four championships as general manager, joined the 76ers organization in October.
Knicks Bulletin: ‘The humble warrior’
We’ve reached a point where you can say the Cavs and the Pistons are doing this on purpose to prevent Knicks fans from enjoying New York basketball. But hey, seven games on their legs? Can’t complain! We’re the latest four days and a few hours from the ECF Game 1 tip-off. Finally. Mike Brown On […]
Former college basketball star Sam Dekker joining SEC coaching staff
Dekker's basketball journey has taken him all over the world, and his new job will take him back to the United States.
Massive $3B sports and entertainment destination proposed near Detroit Metro Airport
Plans call for a sprawling sports and hospitality campus featuring a 9,000- to 11,000-seat arena, an indoor water park, hockey rinks, basketball and volleyball courts, hotels and family entertainment attractions.
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Gaines brings championship pedigree to NCCU women's basketball
From playing under Dawn Staley at the University of South Carolina to leading a Division 1 program of her own, Olivia Gaines is ready to soar as the new head women's basketball coach at North Carolina Central University.
Mass.-based Market Basket, Fidelity land on Forbes' largest family business list
Two Mass. companies land on Forbes’ largest family business list
Texas Longhorns basketball signee Joe Sterling earns special honor
Joe Sterling named to Cali Sports 1st Team All-State
TRACY McGRADY’S ONES BASKETBALL LEAGUE JOINS FUBO SPORTS NETWORK PROGRAMMING LINEUP IN FIRST STREAMING AGREEMENT
“OBL: Battle of The Cities” one-on-one competition to stream summer season from Orlando, Florida starting on Friday, May 15 NEW YORK – MAY 14, 2026 – Tracy McGrady’s Ones Basketball League and FuboTV Inc. (NYSE: FUBO) today announced an agreement to stream this summer’s “OBL:
Who is the all-time best girls basketball player from Vermont? Vote now
The Burlington Free Press has put together a list of Vermont's best girls basketball players of all time. Now it's time to vote for who's No. 1.
DETROIT PISTONS ANNOUNCE NEW LOCAL TELEVISION MEDIA RIGHTS AGREEMENT WITH SCRIPPS SPORTS
Pistons Basketball Returns to Free, Over‑the‑Air Television in Detroit and Michigan Beginning in 2026‑27
Diego Pavia, Candice Lee among Vanderbilt honorees by Tennessee Sports Hall of Fame
Diego Pavia, Candice Lee and Vanderbilt women's basketball were honored with awards from the Tennessee Sports Hall of Fame.
Spurs Sports & Entertainment chooses developers for new basketball arena downtown
Spurs Sports & Entertainment chooses developers for new basketball arena downtown
Oklahoma breaks ground on $1B-plus entertainment district, new arena
Leaders from OU, Norman and Cleveland County on Tuesday broke ground on the Rock Creek Entertainment District, a more than $1B planned development in North Norman that includes a new arena for the Univ. of Oklahoma men’s and women’s basketball and women’s gymnastics.
The fall of an MLB superstar, plus a sad day in the NBA
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! Consider basket weaving today. Inside: ⚾ Yasiel Puig’s tough reality 🥅 Sabres grit out a win 💔 RIP, Jason Collins and Brandon Clarke There was a brief period where Yasiel Puig was probably MLB’s most talented player. His story was inspirational, that of a talented Cuban player defecting to the United States. He put together an unforgettable debut season, where pundits wondered if he should be an All-Star in his rookie...