Bessent’s intervention risks damaging BoJ’s credibility, bankers warn
US Treasury secretary’s claims of insider knowledge could erode market perceptions of Japanese central bank’s independence
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US rate rise fears ripple through global bond markets
Houthi advances push oil prices higher while markets await inflation data on Friday
Private equity’s ‘Waiting for Godot’ era continues
The mood was subdued at the industry’s annual conference in Paris
Virgin Media O2 owners target £600mn in cost cuts
Telefónica and Liberty Global seek job cuts and other reductions in a bid to calm bond investors
Scott Bessent fails to break ‘fever’ in US bond market
Treasury secretary’s $6bn bond operation is insufficient to stem the recent surge in borrowing costs, investors warn