Economy
Japan's 10-year yield hits 3% for first time since 1996 amid G20 talks
Japan's 10-year government bond yield touched 3% on Tuesday for the first time since 1996, part of a deepening global sovereign debt sell-off, while US Treasury Secretary Scott Bessent used the G20 finance meeting to press Tokyo for faster rate hikes.
Economy
Warsh flags inflation concerns as he rejects Fed forward guidance
Federal Reserve Chair Kevin Warsh used his first Jackson Hole address on Friday to argue that financial conditions are not restrictive and that underlying inflation has not meaningfully improved, a hawkish assessment that strengthens the case for a rate hike, while ruling out forward guidance.
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Economy
US Treasury vows bigger buybacks after bond yields erased relief rally
Long-term US Treasury yields climbed back above where they stood before Wednesday's buyback announcement, wiping out the relief that move had briefly delivered, and prompting US Treasury Secretary Scott Bessent to signal that Washington is ready to intervene even more aggressively.
Economy
US debt tops $40 trillion as Treasury doubles bond buybacks
The US Treasury moved on Wednesday to calm a bond market rattled by surging borrowing costs, doubling the size of its debt buybacks hours before separate figures confirmed that the national debt had climbed past $40 trillion (€34.4tn) for the first time.
Markets
Oil prices rise as Trump and Iran trade reparations demands
Oil prices and US government bond yields both climbed on Tuesday after US President Donald Trump answered Iran's demand for war reparations with a sweeping counterclaim of his own, pushing a deal to reopen the Strait of Hormuz further out of reach.
Markets
SpaceX sheds $600 billion in three days and turns to the bond market
SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.
Business
Nvidia raises €21.5bn in first bond sale since 2021 on AI demand
Nvidia has returned to the corporate debt market for the first time in five years, pricing a $25 billion (€21.5bn) bond sale that drew roughly $85 billion (€73.2bn) in orders, a sign of investors' strong appetite for exposure to AI.
Markets
How UK 30-year bonds reached the highest yield this century
Investors are demanding significantly higher returns to hold British debt as 30-year gilt yields reached levels not seen since 1998 this week. The surge represents a major challenge for the UK Treasury but why did it happen and what does it mean exactly?
Markets
Google parent company Alphabet plans to sell rare 100-year bond
Google’s parent company Alphabet is offering a rare 100-year bond in sterling markets after its original $20bn (€16.8bn) US dollar bond sale was massively oversubscribed. This makes it the first tech company to sell a century bond since Motorola in 1997.
