FTSE 100 suffers worst single-day sell-off since May as banks brace for tax raid Markets The FTSE 100 has suffered its biggest single-day drop since May as European markets are hit by a continent-wide rout in the bond markets, which has pushed western government borrowing costs to multi-decade highs. London’s blue-chip index dropped by two per cent in early trading, erasing all its gains from the third quarter in a [...]
The great debt headache Economics Debt, debt, everywhere but not a drop to… add to any well balanced investment portfolio. The world is awash with government bonds thanks to the debt piled up during the pandemic. But the increase in interest rates alongside the most significant bout of inflation for four decades has left investors in a quandary. What interest [...]