Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.
European shares snapped two days of losses as oil prices eased and banks gained ahead of the Federal Reserve’s interest-rate decision later Wednesday.
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Figure worsens squeeze on households ahead of BoE meeting
For all the warnings about an increasingly capable Chinese military, this may very well be an awkward moment for Beijing to have that military tested. General Secretary Xi Jinping has hollowed out much of the People’s Liberation Army’s senior command through purges and is now trying to rebuild it wh
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FORM 8.5 (EPT/RI)
The UK’s strategy to prop up its long maturity debt by selling less in the wake of the Liz Truss-era crash is failing to pay off.
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FORM 8.3
Romania’s officials in charge of debt management told investors the country will likely scale back its eurobond issuance plan for this year as it boosted borrowing on the domestic market, according to people familiar with the matter.
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UK regulator probes Unilever food business’ $65B McCormick merger
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FORM 8.3