US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live
Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001 Concern abour rising US borrowing costs was one reason Washington worked with Tokyo to prop up the Japanese yen earlier this month . The US was concerned that Japan’s government might sell some of its holding of Treasury bonds in an attempt to stabilize its currency, so took part in a…
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