Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.
Tag: Government Bonds
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
Yields on U.S. Treasuries rose Wednesday as investors sold government bonds, usually a haven. In Britain, a sustained version of that trend in 2022 led to a prime minister’s downfall.
Is Trump Having a Liz Truss Moment?
Ms. Truss, Britain’s prime minister for 44 days, was forced out after her radical policies caused a market meltdown. But there are some key differences with President Trump.
Germany Is Lifting a Foot Off Its ‘Debt Brake.’ Here’s Why.
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the country’s Constitution — and its culture.
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.
Ukraine Needs Money to Fight. Can Seized Russian Assets Help?
Kyiv’s supporters are discussing how to use the interest earned by frozen Russian assets to help pay for weapons and postwar reconstruction.