A sharp selloff in the world's biggest government bond markets and a continued rise in the dollar sent shockwaves through financial markets, with pain seen deepening as uncertainty grows over U.S. President-elect Donald Trump's policies. On Wednesday, the 10-year...

Chancellor to reaffirm her fiscal rules in speech this month Treasury under fresh pressure from soaring borrowing costs Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring UK borrowing costs wipe out her fiscal...

US 20-year bond yield crosses threshold last seen in 2023 Inflationary angst, the fiscal trajectory, rattles markets The selloffs that keep flaring in the world’s bond markets are pushing yields toward key thresholds amid escalating worries about elevated inflation,...

Central bank chief speaks as government reworks 2025 budget Villeroy says France-Germany spread has widened dangerously Bank of France Governor Francois Villeroy de Galhau said the government must be as ambitious as possible with budget cuts to tackle the “chronic...

Rising yields are in a ‘negative feedback loop’: Schroders Stocks and pound sink as traders pull away from UK assets Plunging UK markets are serving a fresh warning about the British economy and heaping pressure on Keir Starmer’s embattled Labour government. While UK...

The military’s jamming of navigational signals has undercut an agricultural formula that’s heavily dependent on advanced technologies. When a ceasefire between Israel and the Lebanese militant group Hezbollah went into effect in late November, 67-year-old Itzhik Cohen...

Sale of 10-year notes is awarded at 4.68% after strong data Traders lose faith that Fed will cut interest rates again soon The US government’s monthly auction of 10-year notes drew the highest yield since 2007 after the latest economic data suggested that the Federal...

Goods, services gap widened 6.2% in November to $78.2 billion Total imports rose 3.4%, or $11.6 billion, in broad advance The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated shipments ahead of a...

Thirty-year yield climbs to 4.86%, highest since late 2023 Speculation around Trump tariffs roils markets on Monday The yield on 30-year US Treasuries climbed to the highest in more than a year in a session that gave investors a taste of how President-elect Donald...

Victim was over 65 and had underlying medical conditions US has 66 confirmed human cases since outbreak began, CDC says A patient in Louisiana who tested positive for bird flu has died, marking the first US fatality linked to the respiratory virus. The patient was...

Agricultural equipment giant unveils autonomous fleet in Vegas Machines to help growers facing fewer laborers, greater demand Deere & Co., which has already introduced driverless plows to farm fields in the Midwest, now wants to bring autonomous machines to...

Republicans have the world’s richest man to thank — at least in part — for helping them secure the slimmest majority in 95 years.  Mike Johnson, fresh off a narrow reelection as US House speaker, now commands the slimmest congressional majority since 1930. It beats...

Kickl met with Austrian President Van der Bellen on Monday Attempt to close ranks against Freedom Party fell apart Austria’s far-right leader Herbert Kickl received a mandate from President Alexander Van der Bellen to form a government, putting the Freedom Party chief...

Options hedging grows as traders brace for policy uncertainty Risk aversion seen as healthy after bout of gambling spirits The turning of the calendar is an occasion to look ahead. For Wall Street at New Year’s, the verdict on the future is one of trepidation. While...