Global bond market steadies after sharp sell-off

Global bond sell-off deepens amid fears US economy may be running too hot – business live

Rolling coverage of the latest economic and financial news Japan’s government bond yields have climbed to multi-decade highs today, as the sell-off continues. Bloomberg has the details: The 10-year yield rose 10 basis points to 3.075% on Thursday, its highest since 1996, after the three-day break. The five-and 20-year rates also gained about 10 basis points each to 2.375% and 3.915%, respectively. The main story is s…

24 Sept, 06:41

UK mortgage borrowers brace for rate jump amid global bond sell-off

Swap rates rise to three-year high as increase in oil prices leads to fears of higher inflation Business live – latest updates Homeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectations amid turmoil in the global bond markets. UK swap rates, which lenders use to price mortgages, have risen to a three-year high, as this week’s global bond market s…

3 Sept, 08:25

Global bond sell-off intensifies as US-Iran tensions stoke inflation fears

UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budget Business live – latest updates The global government bond sell-off resumed on Wednesday, driving up the UK’s borrowing costs and exacerbating the challenges facing John Healey as he prepares his first budget. The yield – effectively the interest rate – on 10-year UK government bonds, or gilts, jumped to just below …

2 Sept, 08:54

Global bond market steadies after sharp sell-off

Heavy selling this week pushed 10-year US Treasury yields to their highest level since 2002

2 Oct, 05:09