UK bond market in turmoil as budget changes calculus of interest rates
The bond market has been under scrutiny since Rachel Reeves's budget announcement on Wednesday.
The bond market has been under scrutiny since Rachel Reeves's budget announcement on Wednesday.
By Sarupya Ganguly BENGALURU (Reuters) - The U.S. dollar will hold on to its recent strength over coming months on robust domestic economic data and continued scaling back of bets...
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) -The dollar fell against the yen on Thursday, after the Bank of Japan's less dovish remarks and U.S. data suggested...
A second day of selling swept U.K. markets after the government unveiled plans Wednesday to borrow aggressively to fund big investment plans. The Labour government had previewed many of its planned tax rises and investment in the weeks heading into the budget. Investors dumped U.K. bonds.
Wall Street stocks fell into the red despite the Federal Reserve’s preferred measure of inflation falling to its lowest level since 2021.
A recap of the biggest talking points from Rachel Reeves's budget — and the implications for your finances.
The tax, borrowing and spending plans announced in the autumn budget could could impact the trajectory of interest rates, experts have said.
Bond markets are already digesting fluctuating oil prices, changing Federal Reserve interest rate expectations and the looming US election result.
- The U.S. dollar traded in tight ranges Thursday, as traders digested some mixed economic data ahead of the widely-watched payrolls report which closes out the...
The latest investor updates on stocks that are trending on Thursday.