What’s going on here? The British bond market is making headlines, reaching its highest level since 2008 due to a 20-basis point jump in benchmark gilts – stirring up memories of the 2022 mini-budget fiasco. What does this mean? The surge in British bond yields highlights a growing crisis of confidence in the UK’s fiscal … Read more
SHENZHEN, CHINA – NOVEMBER 16: A boy sits outside a branch of the Bank of China while using a smartphone on November 16, 2024 in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Chinese commercial banks have a huge problem. With consumers and businesses gloomy about the prospects of the … Read more
(Bloomberg) — China’s central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic growth that have undermined the currency and sapped confidence among businesses and consumers. Most Read from Bloomberg The People’s Bank of China will suspend purchases of sovereign debt this month as the supply … Read more
Chinese bond investors have grown increasingly pessimistic in recent weeks. Yields on the 10-year government bond have plunged to all-time lows. Analysts are likening the situation to Japan’s “lost decades,” a deflationary era marked by a steep economic slowdown. Yields on China’s government bonds are tanking, triggering worries that the world’s second-biggest economy could be … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s government bond market has opened 2025 with a clear warning for policymakers: without more determined stimulus, investors expect deflationary pressures to become even more entrenched in the world’s second-largest economy. China’s 10-year bond yield, … Read more
The Gandy Bridge across Old Tampa Bay. Florida sold bonds Wednesday to finance the building and repair of bridges and acquire right-of-way for roads.Bloomberg News Florida sold $131.9 million of bonds Wednesday with double-barreled backing from the state’s fuel taxes and full faith and credit pledge. The Florida Department of Transportation sold right-of-way acquisition and … Read more
Getty Images What’s happening in the bond markets? A bond is a bit like an IOU that can be traded in the financial markets. Governments generally spend more than they raise in tax so they borrow money to fill the gap, usually by selling bonds to investors. As well as eventually paying back the value … Read more
We love bonds, but we hate it when they make the front page. Let’s face it, while they are intellectually fascinating, there are no good news stories about bond markets. It’s always “someone’s defaulted”, “someone’s crashing the economy”, or some other such awfulness. Readers would have found it hard to miss the excellent coverage that … Read more
Trump’s policies may trigger inflation, affecting both stocks and bonds negatively. Investors worry about inflation due to Trump’s proposals on tariffs, taxes, and mass deportations. Rising bond yields and potential deficit spending could further strain the market. Wall Street embraced Donald Trump’s election win in November, catapulting the stock market to record highs on the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Xi Jinping might be able to muzzle Chinese economists, but the message of the bond market is harder to silence. And right now it’s howling that China is sliding towards a Japanese-style deflationary spiral. The … Read more