Verified report from bloomberg.com
NewsMatic brief
Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
Petrobras SA Chief Executive Officer Magda Chambriard ruled out raising the state-controlled oil producer’s stake in troubled petrochemicals firm Braskem SA, saying any additional capital must be matched by other investors.
Read on NewsMatic →
FC Barcelona is talking to investors to gauge interest for a private placement of debt to help finish a years-long revamp of its Spotify Camp Nou stadium that’s been mired with delays.
Read on NewsMatic →
Glass Lewis & Co. is merging with European-focused ESG data and analytics firm Clarity AI, as the proxy adviser expands its footprint in a market where investor demand for managing climate and sustainability risks are on the rise.
Read on NewsMatic →
Turkey’s economic authorities are holding two days of talks on how to repay investors in 131 investment funds being liquidated after a wave of redemption failures triggered turmoil in the country’s markets.
Read on NewsMatic →
Yen intervention risk is back in focus with Japan returning from holiday as a two-week long slide in the currency puts it back within reach of the closely watched level of 160 per dollar.
Read on NewsMatic →
A worsening bond selloff is pushing the average yield on global government debt to within a whisker of 4%, a level not seen since 2007.
Read on NewsMatic →
