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Turmoil in government bond markets and a rise in corporate borrowing costs have “forced US companies to delay borrowing plans” and led to the slowest October for debt issuance since 2011, the Financial Times reports. The paper says many businesses “stretched out” the maturity of their debt – the date at which the debt has to be repaid – during the period of low interest rates after the pandemic and now have the “luxury of waiting before returning to debt markets”.

Financial Times Front Page 27th of November 2024

Amid rising concerns of an economic conflict, Mexico, Canada, and China have warned of potential damage following Trump’s announcement of punitive tariffs, which he argues are necessary for protecting US interests, drawing criticism from international trade partners who describe the move as irresponsible and foresee increased costs in sectors like petrol.

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