US borrowing costs rise as attempts to ease rates prove short-lived
Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.
Last updated: 2026-08-22 06:23:26 ET
Economists said there were ongoing concerns over the level of borrowing as national debt passed $40tn.
The average long-term U.S. mortgage rate eased for the second week in a row, but remains elevated compared with this time last year
President Trump says there could be a deal with Canada as he navigates whether to impose his steep tariffs. Canadian Chamber of Commerce's Matthew Hol...
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U.S. stocks rose Wednesday after the U.S. Treasury Department announced a move that could ease pressure coming from the bond market
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
Government bond yields fell and stocks jumped on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
Bank Indonesia kept its benchmark seven-day reverse repo rate unchanged at 5.75%, as the rupiah stabilizes and it gauges the impact of prior interest-...
President Trump and Defense Secretary Pete Hegseth have disputed concerns about conditions aboard the aircraft carrier USS Abraham Lincoln.
Four-year-old boy, two men and three women among those who died since storms began on 11 August, officials sayDays of storms and flooding in Indiana l...
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