2026-09-15
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This is the World in Brief from The Economist.
Top stories.
The yield on American 10-year treasuries briefly exceeded 5%, the highest since 2023. Rising oil prices,
high levels of government debt and competition for capital from the private sector have all pushed up borrowing costs.
The Treasury Department's increased buybacks of bonds have done little to contain yields.
The sell-off threatens the bull market in equities too.