Shocking data has revealed the “obscene” amount of money Aussies need to be earning to purchase property as limited housing supply, high interest rates and rocketing inflation hinder potential ...
Yields on government bonds – which reflect the cost of government borrowing – continued to rise, up eight basis points to 4.89 for 10-year gilts, which is the highest since 2008. The cost of ...
Robert Wood of Pantheon Macroeconomics said: “Higher government borrowing rates will have wiped out Chancellor Reeves’s headroom, requiring tax hikes or spending reductions at the next fiscal event if ...
The Treasury often uses sales of short-term debt as a kind of shock absorber that it can increase or decrease when it faces large swings in its borrowing needs. But longer-term, market observers say ...