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As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching
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Global — Richard Partington Senior economics correspondent
As yields are dragged higher in the UK, Europe and Japan, the impact for consumers and businesses will be far-reaching
‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending
Government borrowing costs around the world have surged to the highest levels in decades amid growing fears over US bond market turmoil.
Anxiety about Donald Trump’s handling of the US economy, and concern that the US president’s war with Iran is driving up inflation, are causing a sell-off in the US bond market.
‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending
This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Richard Partington Senior economics correspondent. Published 20 Aug 2026, 04:14 pm.
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