Sticky Inflation Is Roiling Bond Markets Again
Borrowing costs everywhere are heading higher.
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Earnings Make Rising Rates Tolerable for Equities, NewEdge’s Dawson Says
Cameron Dawson, chief investment officer at NewEdge Wealth, suggests waiting for some volatility to come and create better equities buying opportunities as she says, “2Q is likely the peak in earnings growth rate.”
Insider: Red Hat is capping devs' bot budgets
EXCLUSIVE The Register has seen information that IBM’s Linux subsidiary is moderating its previously gung-ho AI stance by imposing limits on token spend. The Reg FOSS desk received a tip-off this week from a well placed company insider that a new edict has been sent down from Red Hat management to its legions of hard-working FOSS developers. The R&D department is capping developers' use of tokens: from now on, they'll need to keep it to a maximum of $300 per calendar month, and no more.
UK long-term borrowing costs hit 28-year high
Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factorsBusiness live – latest updatesThe UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace. The yield – in effect the interest rate – on 30-year UK government bonds, known as gilts, hit 5.89% as traders fretted about a fresh increase in oil prices driving up inflation.
Second homes numbers in Wester Isles falling slower than expected
Comhairle nan Eilean Siar introduced a 200% council tax rate on the properties two years ago.