Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
national government debt
U.K. Market Woes Threaten Economic and Political Crisis
The U.K. continued to try to stave off a financial and economic crisis on Wednesday as the country’s central bank...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
Governments World-Wide Gorge on Record Debt, Testing New Limits
The pandemic has pushed global government debt to the highest level since World War II, surpassing the world’s annual economic...
