@charset "UTF-8";
:root{--ink:#14253a;--muted:#69788a;--navy:#0b1c31;--blue:#1467b5;--lime:#d9ee6b;--line:#e2e9ef;--bg:#f6f8fb;--white:#fff;--radius:13px}*,*::before,*::after{box-sizing:border-box}html{scroll-behavior:smooth}body{margin:0;color:var(--ink);background:#fff;font:16px/1.65 system-ui,-apple-system,"Segoe UI",Arial,sans-serif;-webkit-font-smoothing:antialiased}a{color:inherit;text-decoration:none}a:hover{color:var(--blue)}img{max-width:100%;height:auto}button,input{font:inherit}button{cursor:pointer}h1,h2,h3,p{margin-top:0}h1,h2,h3{line-height:1.24;letter-spacing:-.035em}h1{font-size:clamp(2.1rem,4vw,3.8rem)}h2{font-size:clamp(1.5rem,2.2vw,2rem)}.container{width:min(1200px,calc(100% - 40px));margin-inline:auto}.screen-reader-text,.skip-link:not(:focus){position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border:0}.skip-link:focus{position:fixed;left:15px;top:15px;z-index:9999;background:#fff;padding:10px}.topbar{background:var(--navy);color:#b7c6d8;font-size:.74rem;letter-spacing:.025em}.topbar__inner{display:flex;justify-content:space-between;padding:6px 0}.masthead{display:flex;align-items:center;justify-content:space-between;min-height:108px}.brand{display:flex;align-items:flex-end;gap:24px}.wordmark{display:inline-block;font-size:clamp(2rem,4vw,2.8rem);font-weight:850;letter-spacing:-.08em;line-height:1;color:var(--navy)}.wordmark span{color:var(--blue)}.wordmark b{color:#9dc42c}.brand__subtitle{font-size:.7rem;font-weight:800;letter-spacing:.22em;color:var(--muted);padding-bottom:7px}.custom-logo{max-width:240px;max-height:64px;width:auto}.header-actions{display:flex;gap:12px}.icon-button{width:42px;height:42px;display:grid;place-items:center;background:#f1f5f8;border:1px solid var(--line);border-radius:10px}.icon-button svg{width:21px;height:21px;fill:none;stroke:var(--ink);stroke-width:2;stroke-linecap:round}.menu-toggle{display:none}.primary-nav{background:var(--navy);color:#fff}.nav-list{display:flex;align-items:center;list-style:none;margin:0;padding:0;gap:28px;font-size:.85rem;font-weight:720;letter-spacing:.01em}.nav-list>li>a{display:block;padding:16px 0;border-bottom:3px solid transparent}.nav-list a:hover,.nav-list .current-menu-item>a{color:var(--lime)}.nav-list .current-menu-item>a{border-color:var(--lime)}.nav-list .sub-menu{display:none;position:absolute;z-index:20;list-style:none;margin:0;padding:10px 0;min-width:200px;background:var(--navy);box-shadow:0 10px 25px #0002}.nav-list li:hover>.sub-menu,.nav-list li:focus-within>.sub-menu{display:block}.sub-menu a{display:block;padding:8px 16px}.search-panel{border-top:1px solid var(--line);padding:15px 0;background:var(--bg)}.search-panel[hidden]{display:none}.site-search{display:flex;gap:8px;max-width:650px}.site-search input{flex:1;min-width:0;padding:13px 16px;border:1px solid #cbd6e0;border-radius:8px;background:#fff}.site-search button{padding:13px 21px;background:var(--blue);color:#fff;border:0;border-radius:8px;font-weight:750}.page-main{padding-top:48px;padding-bottom:84px;min-height:50vh}.section-intro{display:flex;justify-content:space-between;align-items:flex-end;margin-bottom:28px}.section-intro h1{margin:4px 0 12px}.section-intro h1 span{color:#8fad36}.section-intro p:last-child{color:var(--muted);margin:0}.section-kicker,.eyebrow{font-size:.72rem;text-transform:uppercase;letter-spacing:.14em;font-weight:820;color:var(--blue)}.hero-news{display:grid;grid-template-columns:1.2fr 1fr;gap:22px}.hero-side{display:grid;grid-template-columns:1fr 1fr;gap:19px}.news-card{min-width:0}.news-card__image{display:block;position:relative;overflow:hidden;aspect-ratio:1.65;background:#e8eef3;border-radius:var(--radius)}.article-image{display:block;width:100%;height:100%;object-fit:cover;transition:transform .25s}.news-card__image:hover .article-image{transform:scale(1.03)}.image-placeholder{height:100%;width:100%;display:grid;place-items:center;background:linear-gradient(145deg,#132946,#236ab3);color:#d9ee6b}.image-placeholder span{font-size:6rem;font-weight:900;letter-spacing:-.1em}.news-card__body{padding-top:12px}.news-card h3{font-size:1.08rem;margin:5px 0 8px;overflow-wrap:anywhere}.news-card--featured h3{font-size:clamp(1.45rem,2.4vw,2.1rem)}.news-card__excerpt{color:#647385;font-size:.94rem;line-height:1.6}.meta{font-size:.73rem;color:var(--muted)}.hero-side .news-card__image{aspect-ratio:1.8}.hero-side .news-card h3{font-size:.98rem}.section-block{margin-top:68px}.section-heading{display:flex;justify-content:space-between;align-items:center;gap:20px;border-bottom:2px solid var(--navy);margin-bottom:24px;padding-bottom:12px}.section-heading h2{margin:0}.section-heading>a{font-size:.85rem;font-weight:800;color:var(--blue)}.card-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:34px 24px}.archive-heading{margin:4px 0 35px;padding-bottom:26px;border-bottom:1px solid var(--line)}.archive-heading h1{margin:5px 0 8px}.archive-description{max-width:800px;color:var(--muted)}.archive-description p{margin-bottom:0}.navigation.pagination{margin-top:55px}.nav-links{display:flex;gap:10px;flex-wrap:wrap}.page-numbers{padding:9px 15px;border:1px solid var(--line);border-radius:8px}.page-numbers.current{background:var(--navy);color:#fff}.article{width:min(790px,100%);margin:0 auto}.article-header h1{margin:18px 0;font-size:clamp(2.15rem,4vw,3.25rem)}.article-deck{font-size:clamp(1.09rem,1.8vw,1.3rem);line-height:1.55;color:#586c7e}.breadcrumb-text{display:flex;gap:10px;align-items:center;font-size:.83rem;color:var(--muted)}.article-byline{display:flex;flex-wrap:wrap;justify-content:space-between;gap:7px 20px;padding:17px 0;border-top:1px solid var(--line);border-bottom:1px solid var(--line);font-size:.81rem;color:var(--muted)}.article-byline a{font-weight:800;color:var(--ink)}.article-hero{margin:26px 0 32px}.article-hero .article-image{height:auto;aspect-ratio:16/9;border-radius:10px}.article-hero figcaption{font-size:.78rem;color:var(--muted);padding:8px 0}.article-content{font-size:1.075rem;line-height:1.85;overflow-wrap:anywhere}.article-content h2,.article-content h3{margin:1.7em 0 .65em}.article-content h2{font-size:1.6rem}.article-content h3{font-size:1.25rem}.article-content p{margin:0 0 1.35em}.article-content a{color:var(--blue);text-decoration:underline;text-underline-offset:3px}.article-content blockquote{border-left:4px solid var(--blue);margin:24px 0;padding:6px 22px;background:var(--bg)}.article-content figure{max-width:100%;margin:24px 0}.article-content img{border-radius:8px}.article-content table{border-collapse:collapse;width:100%;font-size:.9rem}.article-content td,.article-content th{padding:10px;border:1px solid var(--line);text-align:left}.article-content .wp-block-table{overflow-x:auto}.article-source{padding:14px 18px;background:var(--bg);border-left:3px solid var(--blue);font-size:.86rem;margin-top:22px;overflow-wrap:anywhere}.article-source a{color:var(--blue)}.article-tags{margin-top:20px;color:var(--muted);font-size:.84rem}.author-card{margin-top:44px;padding:25px;display:flex;gap:20px;background:var(--bg);border-radius:12px}.author-card__avatar img,.author-archive img{border-radius:50%}.author-card p{font-size:.72rem;font-weight:800;color:var(--blue);margin:0}.author-card h2{font-size:1.2rem;margin:4px 0 8px}.author-card div{font-size:.88rem}.related-news{margin-top:72px}.page-document{max-width:790px;margin:auto}.author-archive{display:flex;gap:24px;align-items:center;margin-bottom:42px;padding-bottom:25px;border-bottom:1px solid var(--line)}.author-archive h1{margin:4px 0 10px}.empty-state{padding:55px 25px;text-align:center;background:var(--bg);border-radius:16px}.empty-state .site-search{margin:20px auto}.primary-link{color:var(--blue);font-weight:800}.site-footer{background:var(--navy);color:#c5d1df}.footer-grid{display:grid;grid-template-columns:2fr 1fr 1fr;gap:60px;padding:60px 0 38px}.wordmark--light{color:white}.footer-grid p{max-width:400px;margin-top:18px;font-size:.9rem}.footer-grid h2{font-size:1rem;color:#fff}.footer-links{list-style:none;margin:0;padding:0}.footer-links li{margin-bottom:8px}.footer-links a:hover{color:var(--lime)}.footer-bottom{display:flex;justify-content:space-between;gap:20px;border-top:1px solid #31445b;padding:19px 0;color:#9faec0}.footer-bottom small{font-size:.74rem}:focus-visible{outline:3px solid #f4b641;outline-offset:3px}
@media(max-width:900px){.hero-news{grid-template-columns:1fr}.hero-side{grid-template-columns:repeat(2,1fr)}.card-grid{grid-template-columns:repeat(2,minmax(0,1fr))}.brand__subtitle{display:none}.footer-grid{gap:24px}}@media(max-width:640px){.container{width:min(100% - 30px,1200px)}.masthead{min-height:77px}.wordmark{font-size:2.1rem}.menu-toggle{display:grid}.primary-nav{display:none}.primary-nav.nav-open{display:block}.nav-list{display:block;padding:10px 0}.nav-list>li>a{padding:11px 0;border:0}.nav-list .sub-menu{position:static;display:block;box-shadow:none;padding:0 0 0 15px}.nav-list .sub-menu a{padding:6px 10px}.page-main{padding-top:30px;padding-bottom:55px}.section-intro{margin-bottom:23px}.section-intro h1{font-size:2.15rem}.hero-side,.card-grid{grid-template-columns:1fr;gap:25px}.hero-side .news-card{display:grid;grid-template-columns:120px 1fr;gap:14px;align-items:start}.hero-side .news-card__image{aspect-ratio:1.2}.hero-side .news-card__body{padding-top:0}.hero-side .news-card h3{font-size:.98rem}.section-block{margin-top:45px}.article-header h1{font-size:2.15rem}.article-content{font-size:1.02rem}.article-byline{display:block}.article-byline>div+div{margin-top:8px}.author-card{padding:18px}.footer-grid{grid-template-columns:1fr;gap:18px;padding:42px 0}.footer-bottom{display:block}.footer-bottom small{display:block;margin-bottom:7px}.author-archive{align-items:flex-start}.author-archive img{width:65px;height:65px}}
@media(prefers-reduced-motion:reduce){html{scroll-behavior:auto}*,*:before,*:after{transition:none!important;animation:none!important}}
/* Bankamatic 2.0 market and editorial refinements */
.nav-list{gap:clamp(10px,1.4vw,23px);font-size:.79rem;flex-wrap:wrap}.nav-list>li>a{padding:12px 0}.image-placeholder span{font-size:clamp(.85rem,3vw,1.45rem);font-weight:850;letter-spacing:-.045em;color:#fff}.market-strip{display:flex;align-items:center;justify-content:space-between;gap:22px;background:#f2f6fb;border:1px solid #dce6ef;border-radius:14px;padding:19px 22px;margin-bottom:38px}.market-strip__intro{display:grid;gap:2px}.market-strip__intro strong{font-size:1rem}.market-strip__intro span{color:#617386;font-size:.8rem}.market-strip__links{display:flex;flex-wrap:wrap;gap:9px}.market-strip__links a,.market-crosslinks a{border:1px solid #d9e4ee;background:#fff;padding:9px 15px;border-radius:8px;color:#164d83;font-size:.83rem;font-weight:780}.market-strip__links span{color:#7d98aa}.market-heading{max-width:870px;margin:32px 0}.market-heading h1{margin:10px 0}.market-heading>p:last-child{color:var(--muted);font-size:1.03rem}.market-table-wrap{overflow-x:auto;border:1px solid var(--line);border-radius:13px}.market-table{width:100%;border-collapse:collapse;min-width:590px}.market-table th,.market-table td{padding:17px 20px;border-bottom:1px solid var(--line);text-align:right;font-variant-numeric:tabular-nums}.market-table thead th{background:#f2f6fb;font-size:.74rem;text-transform:uppercase;letter-spacing:.065em;color:#50677e}.market-table th:first-child{text-align:left}.market-table tbody tr:last-child>*{border-bottom:0}.market-table tbody tr:hover{background:#fafcff}.market-table tbody th a{font-weight:800;color:#134d87}.market-table tbody th small{display:block;color:#728195;font-weight:500;font-size:.73rem}.market-status{white-space:nowrap;font-size:.72rem;font-weight:750;padding:6px 10px;border-radius:99px}.market-status--fresh{background:#ecf6ee;color:#246a35}.market-status--stale{background:#fff0dc;color:#86510a}.market-source{margin:24px 0;padding:22px;background:#f4f7fa;border-radius:12px}.market-source h2{font-size:1.3rem}.market-source p{margin:6px 0}.market-source a{color:#1467b5;text-decoration:underline}.market-disclaimer{color:var(--muted);font-size:.84rem;margin-top:14px}.market-crosslinks{margin-top:45px}.market-crosslinks h2{font-size:1.3rem}.market-crosslinks>div{display:flex;flex-wrap:wrap;gap:9px}
@media(max-width:900px){.market-strip{align-items:flex-start;flex-direction:column}.nav-list{gap:12px}}@media(max-width:640px){.market-strip__links{display:grid;grid-template-columns:repeat(2,minmax(0,1fr));width:100%}.market-strip__links a{padding:11px}.market-table th,.market-table td{padding:13px 12px}.nav-list{display:block}.market-heading{margin:20px 0}}

/* Verified history and responsive market tables */
.bm-history-chart{display:block;width:100%;height:190px;background:linear-gradient(180deg,#eef6ff,transparent);border:1px solid #e2e9f2;border-radius:12px;margin:18px 0}
.market-table-wrap{overflow-x:auto;-webkit-overflow-scrolling:touch}.market-table{min-width:520px}
@media(max-width:760px){.market-strip__links{display:flex;flex-wrap:wrap}.bm-history-chart{height:140px}}

/* Editorial-first homepage: the lead story is immediately under the header. */
.bm-home.page-main{padding-top:25px}.bm-news-heading{display:flex;align-items:end;justify-content:space-between;gap:24px;margin-bottom:20px}.bm-news-heading h1{font-size:clamp(1.7rem,3vw,2.6rem);margin:2px 0 6px}.bm-news-heading h1 span{color:#9dc42c}.bm-news-heading p:last-child{color:var(--muted);margin:0;font-size:.9rem}.bm-headline-all{font-size:.81rem;font-weight:800;color:var(--blue);white-space:nowrap}.bm-home-hero .news-card--featured .news-card__image{aspect-ratio:16/9}.bm-home-hero .news-card--featured h3{font-size:clamp(1.55rem,2.5vw,2.1rem)}.bm-home-hero .news-card__image{border-radius:10px}.bm-editorial-empty{padding:26px 30px;background:#f3f6fa;border-left:4px solid var(--blue);border-radius:10px}.bm-editorial-empty h2{font-size:1.35rem;margin:0 0 8px}.bm-editorial-empty p{margin:0;color:var(--muted)}.bm-news-latest{margin-top:42px}.bm-market-discovery{margin-top:56px;padding:25px 28px;background:#f5f8fc;border:1px solid #e0e8f0;border-radius:12px}.bm-market-discovery .section-heading{margin-bottom:12px}.bm-market-discovery>p{font-size:.88rem;color:var(--muted);margin:0 0 18px}.bm-market-navigation{display:grid;grid-template-columns:repeat(5,minmax(0,1fr));gap:10px}.bm-market-navigation a{display:flex;align-items:center;justify-content:space-between;gap:4px;padding:12px 13px;background:#fff;border:1px solid #dce5ee;border-radius:8px;font-weight:750;font-size:.85rem}.bm-market-navigation a span{color:var(--blue)}
@media(max-width:900px){.bm-market-navigation{grid-template-columns:repeat(3,minmax(0,1fr))}}@media(max-width:640px){.bm-home.page-main{padding-top:14px}.bm-news-heading{margin-bottom:15px}.bm-news-heading h1{font-size:1.65rem}.bm-news-heading p:last-child{font-size:.82rem}.bm-headline-all{display:none}.bm-home-hero .hero-side{margin-top:22px}.bm-market-discovery{margin-top:36px;padding:17px}.bm-market-navigation{grid-template-columns:repeat(2,minmax(0,1fr))}.bm-market-navigation a{padding:11px 9px;font-size:.8rem}.bm-news-latest{margin-top:30px}}