As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching
Government borrowing costs around the world have surged to the highest levels in decades amid growing fears over US bond market turmoil.
Anxiety about Donald Trump’s handling of the US economy, and concern that the US president’s war with Iran is driving up inflation, are causing a sell-off in the US bond market.
Continue reading...Originally reported by The Guardian. Read the full story at the original source.
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