Global borrowing costs hit fresh highs
- US: 30 events in the last 90 days
- Previous: earlier the same day · Fairphone 6+ launches in the US as its first direct US sale
What happened
Interest rates on long-term government debt have soared across major economies. The BBC reports that global borrowing costs have hit fresh highs. This affects US, UK, German, and Japanese government securities. The rise reflects a broad increase in long-term borrowing costs worldwide.
Summary written by AI strictly from the sources below