Global bond sell-off deepens amid fears over inflation and AI issuance
Long-term government borrowing costs hit multi-decade highs
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China’s 10-year bond yield falls to 13-month low
Weak economic growth pushes investors into sovereign debt
AI: like a debt machine
Credit (and rates) markets reel from rise and rise of hyperscaler issuance
Libya seeks up to $40bn to develop oil resources
North African country has continent’s largest proven reserves but lacks capital
‘Not worth the squeeze’: global private equity makes zero deals in China
Firms avoid new equity investments as Beijing tightens scrutiny of foreign capital in sensitive sectors
Antitrust attacks start to bite into Apple’s $100bn services business
Court rulings and new App Store rules are beginning to weigh on one of the iPhone maker’s profitable growth engines