US government bonds drop as worries over Donald Trump’s tax bill flare up
Stocks also slide after lacklustre $16bn auction for 20-year Treasuries
Economic news
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Hedge fund Elliott wins two seats on Phillips 66 board
Investment firm has lobbied for sweeping changes at US energy group
US government bonds drop as worries over Trump’s tax bill flare up
Stocks also slide after lacklustre $16bn auction for 20-year Treasuries
CoreWeave raises $2bn in junk bond offering
Deal will help AI data centre operator raise fresh capital after size of IPO was cut in Wall Street debut in March
Bitcoin hits record high on hopes US lawmakers will finalise rules
Price hits $109,760 after gaining more than one-third over past month
Spain eases rules in bid to stop IPOs being derailed by market turmoil
Companies will be given 18-month window for shares to start trading, after several eleventh-hour IPO cancellations