The world appears to be entering a higher-rate era. Here’s who will pay the price
The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.

The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.
On Thursday, Kuwait's army said it was confronting hostile missile and drone attacks from Iran.
Putin said peace with Ukraine remains possible while calling Kyiv’s warning on Russian airspace “state terrorism,” as NATO flags fresh risks.
DNB said gold stored with the Bank of England is more readily tradable, allowing it to be deployed more quickly in a severe crisis.
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
After a slow but extended selloff on Wall Steet, Google began September with renewed momentum, helped by new AI models.
Broadcom gave a disappointing revenue forecast for the current quarter but provided robust earnings guidance for fiscal 2028.
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
Trump's summit with Xi is expected to take place less than six weeks before the U.S. election, with polls showing Democrats favored to make gains in Congress.
U.S. AI data centers rely on China-linked supplies of transformers, batteries and optical gear as Washington moves to tighten restrictions on foreign equipment.
EnQuest CEO Amjad Bseisu told CNBC the company is interested in BP’s U.K. North Sea assets as the oil major explores a sale of the business.
Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.
The new DOJ opinion relates to funding states get for Temporary Assistance for Needy Families and the Supplemental Security Income programs.
PG&E CEO Patti Poppe said she's hopeful California lawmakers can revive wildfire liability reform after a failed proposal sent the utility’s shares tumbling.
The petition comes after a key ruling from the 9th U.S. Circuit Court of Appeals on sports-event contracts.
Hilton says one Asian country is the most exciting global tourism market as regional travel surges.
Microsoft will begin reporting quarterly Azure revenue in dollars for the first time, providing more clarity about its business that competes with AWS.
We recently reduced our position size, which allows us to be more patient with this one.
Nvidia announced a new data center deal with Equinix and Together AI on Wednesday to help enterprise customers with open-model inference.
U.S. Treasury Secretary Scott Bessent told CNBC on Monday he believed Japanese authorities would take action to lead to a stronger yen.
The airline is partnering with Chase on the effort, saying it wants to build on that company's Sapphire Reserve Lounge Network.
A months-long crisis in the Strait of Hormuz has turned an overlooked corner of the market into one of 2026's hottest trades.
If growth were to slow in the semiconductor sector, would the slowdown take the Korean economy with it?
New Zealand exporters are diverting shipments bound for China to new markets, as demand from the country's top buyer cools, a central bank official tells CNBC.