CNBC Daily Open: Spike in long-term borrowing costs isn't just about the UK economy
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one caused by Liz Truss’ “mini-budget.” ...
European markets set to open mixed after UK borrowing costs hit multi-decade highs
European markets are set to open mixed on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.