20-year Treasury yield crosses 5% in ongoing selloff of long-dated U.S. debt
Wednesday morning's selloff of long-dated government maturities pushed the 20-year Treasury yield above 5% in New York trading for the first time in more than two years. The 20-year yield briefly rose ...
California’s $20 billion unemployment debt is looking like a political hot potato
The legislative analyst has a plan to fix the "structural insolvency" of the unemployment benefits fund — but businesses aren ...
FTSE 100 LIVE: Stocks fall and pound tumbles amid bond market sell-off and Trump tariff fears
The FTSE 100 ( ^FTSE) and European stocks were mixed on Wednesday after Wall Street slumped last night and China’s currency hits a 16-month low on Trump tariff fears.
Sterling slumps as the ‘perilous UK fiscal outlook’ spooks investors
The yield on the benchmark 10-year gilt, which reflects the cost of borrowing, hit 4.78 per cent on Wednesday afternoon, a ...