Flagship Blackstone credit fund posts first monthly loss since 2022
Loan markdowns and market declines led to negative return for the first time in more than three years
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US stocks slide as oil price and Fed rate rise bets jump
Brent crude tops $112 a barrel at the end of a week of strikes on Gulf energy infrastructure
UK borrowing costs reach highest level since 2008 as economic hit from war mounts
Ten-year gilt yield jumps to 5% as fears over inflation shock intensify
UK borrowing costs hit highest level since 2008 as economic hit from war mounts
Ten-year gilt yield jumps to 5% as fears over inflation shock intensify
A bet on Bill Ackman’s new listing is complex
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles
Iran war will scar the global economy
Scenarios that markets and policymakers hoped to avoid are now materialising