Political instability jolts Japan

Political instability jolts Japan

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Bond rout pushes US mortgage rates past 7%

Xi Jinping said the US and China should avoid being drawn into a “conflict” in remarks at the White House, and Brussels has warned Britain needs to raise tariffs on Chinese cars if it wants to avoid barriers that would hit crucial exports. Plus, dozens of foreign officials walked ...  Show more

US Treasury yields soar

US Treasury yields soared on Wednesday, Iran’s President Masoud Pezeshkian said Tehran was prepared to negotiate with the US, and the FT’s Sam Fleming explains why the UK budget is in a tight spot. Plus, billions of dollars of Rosneft’s foreign earnings were funnelled through a K ...  Show more

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Go, fourth? France likely to lose another PM
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An unpopular budget will probably spark the ousting of another prime minister, Francois Bayrou—and with him goes another government. Parliamentary impasse is now business as usual, and voters are fed up. Getting Chinese spenders spending is tricky, so policy wonks are at last con ...  Show more

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