Elevated Treasury yields are weighing on bitcoin. Here’s a case for it dropping to $90,000.
Bitcoin is on pace to record its third straight day of decline, as macroeconomic headwinds weighed on the crypto after it hit ...
INR breaches 86 mark for first time ever
The Indian rupee slumped to a fresh lifetime low of Rs 86 per dollar mark on Friday, breaching the psychological level for the first time ever. Rupee declined 18 paise to settle for the day at 86.04 ...
Here’s what the crazy moves in the bond market could mean for UK shares
Jon Smith explains what rising UK Government bond yields signify for investors and talks about what could happen for UK shares.
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Today's markets: Yields stable but damage is done
Bond yields are more settled this morning, having come down a touch last night after peaking early on Thursday, with the ...
The U.K. Is the Biggest Loser From the Rise in Yields
The magnitude of the selloff served as a reminder that rising borrowing costs will have consequences for highly indebted ...
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Surge in borrowing costs will drive up mortgage interest rates, economists warn as Reeves heads to China amid turmoil
Rachel Reeves' surge in borrowing costs will lead to increased interest rates on mortgages and business loans, economists ...
China Shanghai composite index tumbles 1.33%
The dollar held steady in Asian trade and looked set to extend its longest weekly winning streak in over a year.
S&P 500 Set to Open Down While Bond Yields Surge
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Friday as the stock market braces for a key jobs report.
Fury as Rachel Reeves defies backlash and arrives in China after ‘dragging Britain back to the 1970s’
EMBATTLED Rachel Reeves today jetted off to China amid fury over a major debt crisis and a plummeting economy at home. The under-siege Chancellor took off for Beijing this morning as yields on UK ...
Trader confidence in sterling takes a dive on bond market turmoil
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
FTSE 100 Live 10 January: Sainsbury’s update fails to ease retail jitters, sterling steady
Warnings of higher mortgage costs have added to pressure on Chancellor Rachel Reeves after a turbulent week for UK financial ...
Reeves' China trip defended after borrowing cost nerves
The Chancellor Rachel Reeves is travelling to China in a bid to boost trade and economic ties, as she faces pressure over ...