World

TopThe world this week:business

The yields on short-term American bonds rose significantly, an indicator that markets are expecting hefty interest-rate rises from the Federal Reserve. Pressure on bond yields was felt globally. Japan’s central bank offered to buy an unlimited amount of government bonds, an intervention designed to protect its 0.25% cap on Japan’s ten-year yield.
World

The world this week:Politics

Russia said it would scale back its attacks on Kyiv, the Ukrainian capital, and another northern city, Chernihiv, to concentrate on eastern Ukraine. More shells fell on both cities, but there were reports of withdrawals by Russian troops. Russia said it had achieved its goals near Kyiv, despite having conspicuously failed to capture the city.
World

TopThe world this week:business

The yields on short-term American bonds rose significantly, an indicator that markets are expecting hefty interest-rate rises from the Federal Reserve. Pressure on bond yields was felt globally. Japan’s central bank offered to buy an unlimited amount of government bonds, an intervention designed to protect its 0.25% cap on Japan’s ten-year yield.