(Bloomberg) It was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay. Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Leader Modi at HomeWeight-Loss Drugs Estimated to Save Airlines MillionsHouston Oil Trader Aims to Snap Up More of Europe’s Football UpstartsFr
The implications stretch far beyond markets to the rates paid on mortgages, student loans, and credit cards, and to the growth of the global economy itself.
Dollar Rally Is Crushing One of the Most Popular Trades of 2023 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) In a span of days, the market has completely changed its view what the European Central Bank is likely to do on Thursday, highlighting just how much uncertainty surrounds the decision.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticChina Flags ‘Security Incidents’ With Apple’s iPhonesiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in
European Bonds Lead Global Selloff as Inflation Fears Build bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.