Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates

Treasury issues rare second statement in two days after sell-off leaves 10-year bonds at highest level since 2008

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

KUALA LUMPUR: The ringgit closed lower against the US dollar today, extending yesterday’s losses as bullish global economic outlook provided support...

The rupee fell to a record low of 85.53 against the dollar, driven by panic dollar buying and increased demand from the month-end, leading RBI to...

The rupee fell to a record low of 85.53 against the dollar, driven by panic dollar buying and increased demand from the month-end, leading RBI to...

Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rules

Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rules

Government borrowing costs have hit their highest level for several years - what does it mean for you?

Economists have warned the rise could mean further tax hikes or spending cuts, as Treasury seeks to reassure markets.