Financial Stability Board says only US, UK, Japan and Hong Kong have a ‘credible public sector backstop’ to keep troubled lenders afloat before a sale or wind-down

And another word on inflation-linked bonds

Siloed national markets, anti-competitive culture and low investment have stunted growth — but the opportunity is there

Iran conflict has snarled up usually free-flowing energy markets

The cost of credit default swaps for AI companies looking to borrow is rising

Bond giant’s investment chief warns that further sharp rise in borrowing costs is ‘feasible’ as market participants are forced to unwind losing bets