Nellie Liang: ‘Ultimately the goal is to signal that high rates are a concern’
Former Treasury official on what Scott Bessent is up to
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Japanese inflation rises as BoJ weighs rate rise
Central bank under pressure to increase interest rates in September as yen weakens despite joint intervention
Scott Bessent takes on bond vigilantes in $32tn Treasury market
Wall Street investors say move to buy more long-term US debt is a ‘band-aid on a bullet hole’
Healey warned to limit Budget borrowing amid bond sell-off
New chancellor plans to stay ‘well within’ Labour’s fiscal rules, say allies
Why the energy crisis won’t save western oil refineries
North America and Europe to lose further capacity because of investor wariness