Plus, more on emerging markets
Yields on 30-year gilts hit 28-year high on expectations BoE will raise rates two or three times to counter inflation threat
The use of foreign venues is the new frontier for debt restructurings at American companies
Up to a point
Investors warn loosening fiscal rules or change of prime minister could add to pressure on UK borrowing costs
Trump said US would only proceed with rescue for bankrupt budget carrier ‘if it’s a good deal’
Europe must finally grasp the opportunity to develop the single currency as a reserve asset
First global conference on the transition from fossil fuels speeds the erosion of a needless taboo
Brent crude hit new conflict high as blockade of Strait of Hormuz continues before dropping in wildly volatile trading
Kevin Warsh will be trying to shift central bank’s approach at time of deep division, say fund managers
Plus, gilts hit rough water
Rick Haythornthwaite’s re-election as Natwest chair receives lowest vote
Coupon-paying fund aimed at retail investors
Silver Rock Capital Partners draws in biggest credit fund to date
Trump administration’s push to cut regulations prompts primary dealers to facilitate more trading in government debt
Maybe never as high as we thought
Huge bond offering comes amid concerns over tech giant’s debt load and recent flood of AI-related issuance
Also in today’s newsletter, development finance in an age of ‘trade over aid’
Bank joins ‘frenzy’ as China’s low interest rates draw in more foreign issuers
Telegraphing dissent
Idea long pursued by banking sector lobbyists faces opposition from regulators
The Babylonians had debt defaults. The S&L scandal led to 2008. What else does the past tell us?
Plus, the robotics trade
Bond investors and banks are seeking greater premiums on new financing as a precaution before lending
Borrowing facility adds another layer of debt to auction house owned by billionaire Patrick Drahi