Australia Central Bank Warns of Rising Inflation Risks

Reserve Bank of Australia Governor Michele Bullock warned on Sept. 18 that upside risks to inflation, driven by the Middle East conflict and a global artificial intelligence boom, are materialising as businesses increasingly pass higher input costs on to consumers. RBA Weighs Inflation Risks from Oil Prices and the AI Boom According to Reserve Bank … Read more

Global Bond Yields Hit 2008 Highs and Threaten Borrowers

Government borrowing costs hit their highest levels since the 2008 financial crisis on Tuesday, with 10-year U.S. Treasury yields climbing above 5% according to market data reported by Reuters. The surge increases financial pressure on heavily indebted borrowers who have previously been shielded by resilient economic growth, driven higher by widening conflicts pushing oil above … Read more