borrowing

UK borrowing costs plunge after interest rates held

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People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters U.K. government borrowing costs fell sharply Thursday, continuing a pull-back from recent highs, after the Bank of England joined the Federal Reserve in holding interest rates steady for a second straight … Read more

Why borrowing costs for nearly everything are surging

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Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about … Read more