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First responders graduate from mental health program | FOX 13 Tampa Bay
A first-of-its-kind mental health and resiliency program at St. Petersburg College graduated its latest class this week in Clearwater, bringing together officers, deputies and emergency personnel from agencies across the region. FOX 13's Genevieve Curtis reports.
Bay Area first responders graduate from mental health program aimed at helping their own: 'It's a new tool'
Law enforcement officers across the country are facing a growing mental health crisis, with suicides continuing to outpace line-of-duty deaths in many years.
Kudos to Cheer Club, College of Business faculty, Cybersecurity team and more
Becky Cottrell, Ph.D., Department of Social Work, and Bridget Arend, Ph.D., School of Education Becky Cottrell from the Department of Social Work and Bridget Arend, Ph.D., from the School of Education co-authored an article recently published in an international journal. Read the article. Biff Baker, Ph.D., College of Business Biff Baker, Ph.D., received a Best in Track award from the Society for Advancement of Management for research examining bureaucratic inefficiencies within Section 8 subsidized housing programs. The study focuses on how administrative delays and communication breakdowns can create housing instability for families and discourage landlord participation. It also offers recommendations to improve accountability and trust in public housing systems. Brendan Fry, Ph.D., Department of Mathematics and Statistics Brendan Fry, Ph.D., professor in the Department of Mathematics and Statistics, co-authored the article “Modeling the Impact of Venous Collapsibility on Retinal Oxygenation,” published in the Journal of Theoretical Biology. The interdisciplinary research brought together scholars from the University of Delaware, Indiana University Indianapolis, McGill University and the Icahn School of Medicine at Mount Sinai Hospital. Access the article. Bridget Arend, Ph.D., School of Education Bridget Arend, Ph.D., professor in the School of Education, co-published the book “Facilitating Seven Ways of Learning: A Resource for More Purposeful, Effective, and Enjoyable College Teaching, Second Edition” with James R. Davis. The book explores practical approaches to improving college teaching and student learning experiences. Buy the book. College of Business Faculty At the 2026 Western Decision Sciences Institute international conference, Sally Baalbaki-Yassine, Ph.D., Debora Gilliard, Ph.D., and David Lynn Hoffman, Ph.D., from the College of Business received the Best Case Study Paper Award for “Oreo: A Global Success Story in Brand Evolution and Market Leadership.” Lisa McVicker, Ph.D., and Apryl Brodersen, Ph.D., also had their paper, “Electronic Performance Monitoring: Employer Panacea or Legal Quagmire?” accepted for publication in the Journal of Business Leadership. Community Engagement Exchange Program Metropolitan State University of Denver was selected to host international Fellow Aleja Henao Espitia of Bogotá, Colombia through the Community Engagement Exchange program funded by the U.S. Department of State. View Espitia's LinkedIn profile. David Varel, Ph.D., College of Letters, Arts and Sciences MSU Denver historian David Varel, Ph.D., has been awarded a 2026 ACLS Fellowship by the American Council of Learned Societies. The fellowship program supports outstanding scholarship in the humanities and social sciences, and selected just 63 scholars from more than 2,000 applicants this year. Varel’s project, “The Black Chicago School: Academic Activism in the Age of American Apartheid,” explores the work of Black scholars who challenged scientific racism, built alternative institutions and helped lay the foundation for the modern civil rights movement. The fellowship provides up to $60,000 to support full-time research and writing. Learn more about the fellowship. MSU Denver Office of Financial Aid Team Several MSU Denver employees were recognized for leadership and service during the Colorado Association of Financial Aid Administrators (CAFAA) conference held in May in Crested Butte. Don Holtzen, interim associate director of systems, chaired the conference and was recognized for his service as CAFAA conference chair and technology chair during the 2025-26 term. Holtzen also received the Postsecondary Institution Professional of the Year award, which recognizes financial-aid professionals who have made significant contributions to their institutions and to CAFAA. Tori Pacheco, associate director of Student Services, helped design décor and facilitate the conference and was recognized for her service as CAFAA secretary during the 2025-26 term. Destiny Candelaria, call center coordinator, served on the conference planning committee and presented on One Stops during the event. Michael Nguyen, executive director of Financial Aid and Scholarships, assisted as a CAFAA board member and was recognized for serving as president-elect during the 2025-26 term. Richard Balbag, program assistant I, received the Distinguished Support Staff Member of the Year award, honoring staff members who have made exceptional contributions to their financial-aid offices. Military Friendly Recognition Military Friendly has awarded MSU Denver Gold Status as a military-friendly university and ranked the University No. 7 nationally for military spouses. The recognition reflects MSU Denver’s strong support systems for veterans and military spouses, including transfer credit assistance and retention-focused resources. As of 2026, 1,050 military-connected students are enrolled at the University, advancing institutional priorities around serving veterans and supporting student retention. MSU Denver Cheer Club The MSU Denver Cheer Club earned third place in the 4-Year College Small Coed Intermediate division at the USA Spirit Nationals. Celebrate the win on Instagram. MSU Denver Cybersecurity Team An MSU Denver cybersecurity team earned first place in the Strategist category at the 2026 CYBER RECon National Competition hosted at Fort Meade, Maryland, by U.S. Cyber Command. Led by Jeffrey London, Ph.D., and undergraduate student Matthew Bopp, the team competed against universities and law schools nationwide with its 30-page legal analysis on cybersecurity and free speech titled “Freedom of Speech and MDM: Misinformation, Disinformation, and Malinformation.” The paper also earned Bopp a personal invitation to apply to the University of Maryland School of Law. MSU Denver Debate Team MSU Denver Debate won the 2026 Sierra Sustainability Summit hosted at Yosemite National Park in April. Students Kat Conte and Simon Bernhard bested teams from George Washington University, Gallaudet University, Cal Poly San Luis Obispo, the University of San Francisco and Tennessee Tech in the modified present-and-defend style competition. Their proposal recommended adapting Colorado’s Keep Colorado Wild Pass model to support California state parks facing budget constraints. Learn about the summit. MSU Denver Women’s Golf MSU Denver Women’s Golf was represented on the national stage this month as junior Neige Dunn competed as an individual at the NCAA West Regional. She became the first Roadrunner in 10 years to qualify for NCAA Regionals as an individual. Get the details.
Science behind sobriety field tests
Albany High students in Elizabeth Lopatniuk's health classes participated in a dynamic lesson about the effects of alcohol on the body. After taking an in-depth look at the science behind why and how alcohol slows the activities of the brain and central nervous system, students learned about how a variety of factors can impact the level of intoxication and how blood alcohol concentration can impair one's ability to operate a motor vehicle. Albany High Student Resource Officer Nick Schuler led students through an overview of field sobriety tests that are routinely performed during a traffic stop when an officer suspects a driver may be under the influence of alcohol. Officer Schuler explained the three elements of a physical sobriety test, including walking a straight line with turns and checks for motor skill patterns, standing on one foot to check for balance and following a moving stimulus with eyes only to check for Horizontal Gaze Nystagmus (HGN), an involuntary, rhythmic jerking of the eyes as they look to the side. Students volunteered to try walking a straight line both with and without alcohol impairment simulation goggles. Officer Schuler pointed out particular behaviors and patterns that would lead to a failed field sobriety test during the simulation. As prom and graduation festivities approach, we applaud our Albany High staff for empowering our Falcons with valuable lessons so they can make wise and safe choices.
Science behind sobriety field tests
Albany High students in Elizabeth Lopatniuk's health classes participated in a dynamic lesson about the effects of alcohol on the body. After taking an in-depth look at the science behind why and how alcohol slows the activities of the brain and central nervous system, students learned about how a variety of factors can impact the level of intoxication and how blood alcohol concentration can impair one's ability to operate a motor vehicle. Albany High Student Resource Officer Nick Schuler led students through an overview of field sobriety tests that are routinely performed during a traffic stop when an officer suspects a driver may be under the influence of alcohol. Officer Schuler explained the three elements of a physical sobriety test, including walking a straight line with turns and checks for motor skill patterns, standing on one foot to check for balance and following a moving stimulus with eyes only to check for Horizontal Gaze Nystagmus (HGN), an involuntary, rhythmic jerking of the eyes as they look to the side. Students volunteered to try walking a straight line both with and without alcohol impairment simulation goggles. Officer Schuler pointed out particular behaviors and patterns that would lead to a failed field sobriety test during the simulation. As prom and graduation festivities approach, we applaud our Albany High staff for empowering our Falcons with valuable lessons so they can make wise and safe choices.
Douglas County adult dies from hantavirus, health officials say there’s no link to cruise ship outbreak
Hantavirus infections caused by the strain found in Colorado usually happen in the spring and summer.
Tom Brady gives commencement speech to Georgetown University business school graduates
Former Patriots quarterback Tom Brady urged the graduates to fight through adversity as he often did on the gridiron.
UAMS Graduates 1,237 Health Professionals
The University of Arkansas for Medical Sciences (UAMS) recently held commencement ceremonies to recognize 1,237 students who earned degrees or certificates from the university’s five colleges and graduate school.
Adult dies of hantavirus in Colorado, state health officials say
An adult in Colorado has died after a confirmed case of hantavirus that is not linked to a recent outbreak aboard a cruise ship in the Atlantic, Colorado Department of Public Health and Environment officials said in a statement on Monday.
Saturday's UNR College of Business graduation ceremony
The University of Nevada's College of Business held graduation ceremonies on the quad on Saturday, May 16, 2026. Check out the photos here.
Meet the Graduates: School of Business Majors Are Going Places
Meet the spring 2026 graduates of the College of Charleston School of Business and find out what they're doing next.
Illinois Wesleyan to Launch Interdisciplinary Undergraduate Quantum Science and Engineering Program
Illinois Wesleyan University announced the creation of the Fisher Center for Interdisciplinary Quantum Science & Engineering.
Poets&Quants’ World’s Best 40-Under-40 Graduate Business Professors Of 2026
Over the last decade, Poets&Quants' 40-Under-40 list has honored more than 560 up-and-coming business professors from the world.
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...
18 amazing grads from Binghamton University
Each year, Binghamton University highlights outstanding students as part of our Commencement celebration. Explore the amazing stories of 18 remarkable graduates from the Class of 2026.
2026 Best 40-Under-40 Business Professors: Jonathan Weigel, UC Berkeley Haas School of Business
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Diana Jue-Rajasingh, Jones Graduate School of Business, Rice University
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Christoph Herpfer, Darden School of Business, University of Virginia
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Daniel Guetta, Columbia Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Sylvia Grewatsch, Brock University Goodman School of Business
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Ashley Hardin, Olin Business School, Washington University in St. Louis
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Arpit Gupta, NYU Stern School of Business
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Emma Jingfei Zhang, Goizueta Business School, Emory University
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Kristin Donnelly, University of Chicago Booth School of Business
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Julia Binder, IMD Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Julia Fonseca, Gies College of Business, University of Illinois Urbana-Champaign
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Daniel Blaseg, Esade Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Julia Bodner, Copenhagen Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Mochen Yang, Carlson School of Management, University of Minnesota
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Jirs Meuris, Wisconsin School of Business, University of Wisconsin-Madison
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Elena Prager, Simon Business School, University of Rochester
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Maria Roche, Harvard Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Yoonseock (Yoon) Son, Mendoza College of Business, University of Notre Dame
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Clara Martínez-Toledano, Imperial Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: José Parra Moyano, IMD Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Julia Langdon, ESMT Berlin
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Hossein Piri, Haskayne School of Business, University of Calgary
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Jetson Leder-Luis, Questrom School of Business, Boston University
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Tammaro Terracciano, IESE Business School
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Shohini Kundu, UCLA Anderson School of Management
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
2026 Best 40-Under-40 Business Professors: Léonard Boussioux, University of Washington, Foster School of Business
Over the last decade, Poets&Quants has honored more than 540 up-and-coming star MBA and graduate business professors from around the world.
Illinois Wesleyan University to launch first-of-its-kind interdisciplinary undergraduate Quantum Science, engineering program
BLOOMINGTON – Illinois Wesleyan University today announced the creation of the Fisher Center for Interdisciplinary Quantum Science & Engineering, a first-of-its-kind undergraduate program that brings together multiple areas of study to better prepare students for careers in this emerging field. The Fisher Quantum Center will make Illinois Wesleyan the first undergraduate liberal arts university in…
Hoopaholic’s Gazette: The Waiting Game
From the moment of my fist keystroke here, there are 10 days, 10 hours and 34 minutes until the NBA Draft withdrawal deadline for college underclassman, those wishing to continue their undergraduate eduction at an institution of higher learning. Flory Bidunga, you are on the clock. And now the Louisville Cardinal fanbase, after enduring a […]
Free Mind Matters Brain Health Summit in Lexington (Adults 55+)
The University of Kentucky Sanders-Brown Center on Aging will host its 18th annual Mind Matters Health Summit to connect brain health experts with the community.
LAHS 2026 Graduating Senior Rocco Del Mauro To Pursue Business Degree At Colorado State University
Rocco Del Mauro is a 2026 Los Alamos High School graduating senior who has built a strong foundation in marketing, business law and entrepreneurship through the UNM dual credit program. He will be …
‘Take a leap of faith and get comfortable betting on yourselves’
At Commencement 2026, outgoing Board Chair Robert C. Lamb, Jr., tells Suffolk University Sawyer Business School graduates that not taking risks carries its own risks
I couldn't get a job after graduation; went back to school in new field
After graduating from college, I struggled to find a full-time job in my field. Now, I'm going back to school for a master's in a new field.
A CT business invites you in for a taste. It’s so popular, ‘It’s hard to say’ what the favorite is
Before the tasting room, adult visitors are given a tour, crossing sparkling clean floors to a room with the immense structures the brothers use to create.
UNR graduation photos — journalism, education, public health
Check graduation ceremonies for the Reynolds School of Journalism, the College of Education & Human Development and the School of Public Health.
Kennesaw State to launch bachelor of science in fintech
Kennesaw State University will be the first Georgia institution to offer both undergraduate and graduate degrees in the fintech field with approval of a new bachelor of science in financial
Ancient Chinese movement shows promise for reducing blood pressure at home, study says
An ancient Chinese exercise called baduanjin could help lower blood pressure as effectively as some medications, according to a new clinical trial.
Winter Sports Wrap: See Belmont’s League All-Stars
In Mackenzie Clarke’s own words, she felt FOMO (Fear of Missing Out). After missing her sophomore season of ice hockey to focus on year-round field hockey in the most important year for her college recruiting, she yearned to return to her first sport at the high school level. Two years later, she’s graduating as the lone Belmont High School All-Scholastic honoree across all Marauders winter athletes. “It’s always been a part of me,” Clarke said. “I started to miss it, and a bunch of people who I played field hockey with were on the team that year.” The senior forward
From Satellite Signals to Supply Chains: One Parker College of Business graduate’s unconventional journey to Eagle Nation
For May 2026 Parker College of Business graduate Andrew Haley, success is not just about academic achievement, but about actively seeking and embracing every opportunity that comes his way. His journey, a compelling blend of military service, strategic academic pursuits, and transformative international experiences, highlights the power of community and a proactive mindset.
Arizona students boo ex-Google CEO Eric Schmidt during graduation speech
Eric Schmidt, the former Google CEO, faced jeers and boos during a commencement address at the University of Arizona's graduation ceremony on Friday.
Colorado health officials confirm deadly hantavirus case
DOUGLAS COUNTY, Colo. — State and local health officials have confirmed a fatal case of hantavirus in Colorado. The Colorado Department of Public Health and Environment said it is working with the Douglas County Health Department to investigate a confirmed case of hantavirus in a Douglas County adult that resulted in death. CDPHE said the […]
These grandparents sit on benches, ready to talk to strangers who need them
Through Friendship Bench DC, a team of about a dozen older adults fan out across the District to sit and listen to people share their lives.
DACA recipients are losing protections and work permits as renewal delays surge
Marco, 26, graduated from one of the country’s top medical schools last week. He found his calling after witnessing his grandmother battle cancer, and he sometimes worked up to 40 to 60 hours a week to afford his education.
Augusta Sports Council awards 10 scholarships to high school students across CSRA
Ten graduating student-athletes from the CSRA have been awarded GAMES Scholarships.
Rochester Regional Health graduates first class of peace officers
Officials believe the new peace officer program will significantly strengthen the hospital system’s ability to respond to emergencies in real-time.
Feature: Moore ’26 Keeps Busy with Double Science Major and Music
Luke Moore ’26 came to Kansas Wesleyan on a music scholarship. He’s graduating this weekend (May 16) with a double major in Chemistry and Physics. He’s as active on the music side as he is with his science activities — he’s played the cello for 10 years, including four years at Kansas Wesleyan. It’s common, he said, for scientists and musicians to share those interests. “I’ve spoken to plenty of musicians who would have done science if they weren’t musicians, and I’ve talked to plenty of scientists who would have done music if they weren’t scientists,” Mooresaid. He played the cello in the string orchestra, which he’s done since his first year, and as a junior and senior, sang in the Philharmonic Choir as a bass. He hadn’t sung in a choir since middle schoolin Garden City, but he found he really enjoys that aspect of his college career. Also as a junior, Moore helped re-activate the STEM Club as vice president. For two years, he helped build the club’s battlebot. Last year the bot came home from battles in Kansas City in pieces, lots of pieces. This year it came home with the first-place trophy. He’s helped make frozen nitrogen ice cream at Homecoming and other events and helped organize the STEM Club’s first gingerbread house competition for the holidays. Willing to get his hands – and face – dirty for science, he encouraged fellow musicians and scientists to smash him in the face with whipped cream pies on Pi Day (March 14) as a fundraiser for the STEM Club. His capstone project involved developing a metallic organic framework (MOF) that takes a methylene blue dye out of water. “I’m proud that I was able to design this project, and I was proud that I did end up making the MOF,” Moore said. The professors and attitudes at KWU have made all this possible. “I don’t actually have time for everything,” Moore said. “I have to prioritize things. Things inevitably fall through the cracks, but it’s hard for me to choose one over the other, because I like a lot of things. And I don’t want to not do music, and I don’t want to not do science.” Moore said that Kansas Wesleyan, as a smaller university, gives students the opportunity to try things. “If I were to want to be in a music ensemble, it would probably be a bit harder in a larger school. One nice thing about this school is that everyone’s involved in something,” he said. “Professors know that you have other things going on, and they are flexible and understanding.” Moore has applied to grad schools, with an goal of earning his Ph.D. and landing at a university big enough to allow for a small research team that also gives him an opportunity to teach. He’s off to a good start. Moore is receiving the award for Outstanding Research in the Math, Physics and Computer Studies Department at Commencement this year. Story by Jean Kozubowski
WPI student graduates after 50 years in computer science
Kerry Lynn is graduating 50 years after when he was first supposed to from WPI. He got his degree in computer science when AI is taking over and making jobs for students difficult. He worked in the technology industry for years.
Check out UNR graduation photos — science, nursing, speech pathology
Check out photos of the 2026 graduation ceremonies for the College of Science, Orvis School of Nursing and the School of Medicine (Speech Pathology).
Air Force, Marine veterans earn data science master’s degrees
Anthony Gheen and Ross Matheny applied skills they learned in the military to balance full-time jobs and graduate studies.
Better brain health linked to resilience against early Alzheimer's in adults 65 to 80
A healthy brain may help protect thinking and memory skills from the early effects of Alzheimer's disease, a new study has found. Dementia is currently the leading cause of death in Australia and Alzheimer's ...
UCF Materials Science Student Earns Notre Dame Undergraduate Research Fellowship
Jeonghyun Song traded the arts for engineering, where he found beauty in chemistry. Now, his pursuit of more sustainable materials is taking him to the University of Notre Dame to advance his research.
Class of 2026 Public Health Master’s Candidate Receives National Research Award and Reflects on Conference Experience - University of New Haven
Jamesha Barrett ’26 MPH received a national public health research award at the 2026 Society for Public Health Education (SOPHE) conference, where she presented research on addressing food insecurity among international graduate students.
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
A chemical found in fish could help reinvent your sunscreen
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A grad student’s wild idea sparks a major aging breakthrough
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Illinois Wesleyan to Launch First-of-its-Kind Interdisciplinary Underg
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Kate Marmion School of Public Health celebrates gift and inaugural graduating class - UT Health San Antonio
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University at Albany opens up campus, and science exploration, to district students
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UWM gets $10 million gift to expand freshwater sciences research
Liberal philanthropist Lynde Uihlein gave $10 million to UWM to support the only graduate school of freshwater sciences in the country.
Grad Student and Undergrad Win National Science Foundation Research Fellowship
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This Week in Jacksonville: Business Edition - City leaders push for practical money skills in schools
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Connecticut High School Seniors Graduate from ‘Doctors Academy’ at UConn Health
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I couldn't afford elder care for my mom. Free adult day care helped.
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Essentia Health hosting free heart failure symposium
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Howard Community College Featured in 'State of Business' Address
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From Maternal Health to Biodiversity: Graduate Research Fair Highlights
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First-Generation Medical Student Aims to Improve the Health of Ohioans
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