ALT: Arike Ogunbowale

Global bond rout kicks off again, with US 10-year Treasury yields hitting highest since 2002 Worryingly for Paris, the difference between French and German borrowing costs has widened to a 14-year high this morning. The gap between French and German government bond yields – a market gauge of the risk premium investors demand to hold French debt - was at 127.51 bps, after reaching 128.80 bps, its highest level since June 2012, Reuters reports. Inflation, deficit and issuance concerns continue to weigh on the bond market. There is also a buyers strike on the street as investors do not want to step in till we get some form of stability. Hedge Funds have suffered in the latest round of sell-off and do not have the risk appetite to fade the move. Real money, potentially has the risk appetite, but won’t step in till we get some stability. Continue reading...

Researchers from the ARC Centre of Excellence for Gravitational Wave Discovery (OzGrav) at the Australian National University (ANU) have engineered new optical coatings for LIGO, the global collaborat...

Fears that US borrowing costs are unsustainable drive Britain’s 30-year bond yield to level not seen since 1998 * Business live – latest updates The turmoil in global bond markets intensified on Thursday amid fears that the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high. The threat of a renewed round of inflation from the persistently high cost of oil has spooked investors, who believe central banks will be forced to raise rates in the coming months to prevent price increases from becoming embedded. Continue reading...

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Nearly a week after her party, the Authenticity and Modernity Party (PAM), won the parliamentary elections, the mayor of Marrakech was named Morocco's prime minister on September 29.

Alt: Alan Alda as Hawkeye Pierce in M*A*S*H