More than 60% of cryptocurrency investors have borrowed money to fund cryptocurrency purchases, according to KIS Finance.
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The Office for National Statistics said June's borrowing was the lowest for the month since 2019, helped by a big drop in spending on interest paid on bonds linked to inflation which has slowed sharply. But the deficit was made bigger by a 1.2 billion-pound fall in social sec...
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Junk-bond yields have dropped since October last year, for two reasons: because the long-term Treasury yields have dropped from the peak in October last year; and because the yield spread from junk debt to Treasury debt has narrowed sharply and is now n...
"We think the ECB would be unlikely to activate the Transmission Protection Instrument and buy French government bonds if the budget is rejected and the government collapses," Barclays said a note. However, the ECB did leave itself a loophole saying that these criteria are ...
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The central bank has kept rates steady since November, judging that the cash rate of 4.35% - up from a record-low 0.1% during the pandemic - is restrictive enough to bring inflation to its target band of 2-3% while preserving employment gains. ...
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