Truss and Treasury secretary fail to reassure markets as bond yields rise, stocks tumble and pound slides – business live | Bonds

Truss and Philp fail to reassure markets The prime minister, Liz Truss, and the Treasury’s no 2, Chris Philp, have each carried out a spherical of broadcast interviews this morning – however their feedback seem to have carried out little to reassure markets. Authorities bond yields are rising once more, the inventory market has tumbled … Read more

Government bond yields rise as markets weigh recession risk

Hoxton / Sam Edwards | Getty Photos Bond yields jumped this week after one other huge rate of interest hike by the Federal Reserve, which gave a warning of market misery. On Friday, the policy-sensitive two-year Treasury yield rose to 4.266%, hitting a 15-year excessive, and the benchmark 10-year Treasury be aware reached 3.829%, an … Read more