US long-term debt sells off after Trump’s attempted firing of Fed governor
Gap between long-term and short-term borrowing costs is close to its widest for three years
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US shale companies tighten their belts amid oil price uncertainty
Despite their caution, overall crude production is actually increasing
French assets hit by prospect of government collapse
Investors warn government is likely to lose a snap confidence vote on September 8
India holds firm as Trump’s punitive tariffs loom
New Delhi makes overtures to Moscow amid stalemate with Washington over Russian oil purchases
Disrupting the delicate sovereign debt equilibrium
Default leads to lawsuit; lawsuit leads to precedent; precedent leads to suffering.