Punishing week on bond markets ends with UK government borrowing costs significantly higher
Mortgages, pensions and investments likely to feel the effects of rising bond yields
As yields rise around the globe, UK government bonds have been put in a difficult place
Bonds steady after sell-off that threatens to wipe out room for extra borrowing under Labour’s budget rules
Plus: what’s the point of stablecoins?
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year
In the US they signal optimism while I’m loving a weaker pound
Investors expect price pressures to become entrenched in world’s second-largest economy
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’
Largest payment since 2020 restructuring boosts bond prices but challenging repayments loom
From borrowers to sorrowers
Investors to Beijing: C-, must do better
Ground pound
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White House
Debt market flare-ups show growing pushback against governments’ loose fiscal policies
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as March
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules
Nobody knows nothing
Investors piled into fixed income in bet on falling interest rates
Key level passed after 10-year debt breached 2% barrier as markets expect further monetary easing
Wall Street stocks steady after heaviest sell-off since August
Stubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget
Some fear that Fed’s quantitative tightening programme could trigger liquidity crunch similar to 2019
Borrowing costs edge higher after rating agency warns political chaos will make it harder to cut budget deficit
