Global bond yields rising: Treasuries, JGB, Bunds

Traders work at the New York Stock Exchange on Aug. 25, 2026. NYSE The global bond rout is raising borrowing costs across the economy and forcing governments, companies and consumers to confront the possibility that expensive debt is here to stay. Global bond yields have been climbing to multiyear highs, with Germany’s 10-year yield reaching…

Read More

Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’

Treasury Secretary, Scott Bessent (L), and Sen. Elizabeth Warren (D-MA). Getty Images Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign-exchange markets while leaving several of her questions about a rare U.S. intervention in the Japanese yen unanswered. “In her latest sciolistic letter…

Read More