Liquidity worsens in $29tn Treasury market as volatility soars
Dollar also came under pressure as Donald Trump’s tariffs test confidence in US assets
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Swiss franc surge sparks bets on return to negative interest rates
Switzerland’s currency has soared as investors seek a haven from US President Donald Trump’s trade war
Trump’s market mayhem threatens to upend world order
US president’s decision to trigger global trade war looks certain to have a lasting impact on the financial system
Bank of England backs scheme to put more economics teachers into state schools
Initial training to be offered in north-west England, as report shows disparities in access to the subject
The Bank of England is backing a drive to put more economics teachers into state schools, as a report has revealed young people from disadvantaged backgrounds are the least likely to study the subject.
Targeting students in the north-west of England in its first year, the scheme will aim to overcome huge shortages of teachers across the state sector with the skills to teach economics.
There are signs Trump could be ready to retreat on tariffs
BBC economic editor Faisal Islam on what comes next for the US president’s central economic policy.