The UK’s long-term borrowing costs reached 6% for the first time in almost three decades, as concerns about persistently elevated inflation and a challenging budgetary position continued to mount
The housing rally in South Korea’s capital set a record for consecutive weekly gains, underscoring the limits of President Lee’s ability to bring housing costs under control with tighter mortgage restrictions and pledges to boost supply
The Czech Republic, one of the last major holdouts of the era of spiraling government debt, is embarking on an unprecedented spending spree just as the costs of borrowing surge
The 10-year Treasury yield hit its highest level since 2002 on Thursday as a global bond sell-off deepened.
The benchmark yield was last seen 4 basis points higher at 5.3338%, according to LSEG data.
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The Lao government is returning to the global bond market, seeking to tap international investors with a potential triple-C offering, less than a year after raising $300 million in what was its first dollar debt sale since 2019