Election blowout was bad for Republicans

U.S. President Donald Trump speaks during a breakfast with Republican Senators at the White House in Washington, D.C., U.S. November 5, 2025. Kevin Lamarque | Reuters President Donald Trump conceded that the Democrats’ electoral sweep up and down the ballot across the country on Tuesday night spelled bad news for his Republican Party. “Last night,…

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Bond market rout raises long-term inflation fears

A sharp sell-off in global government bonds is exposing investor anxiety that the macroeconomic backdrop may be shifting toward persistently higher inflation, as governments struggle to rein in spending and sovereign debt. Pressure on yields is not just a factor of this year’s rise in government borrowing and higher energy prices. Investors highlight a pivot…

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