Mortgage nightmare as investors price in three interest rate hikes

Investors have priced in three interest rate hikes over the next two years as a global bond market rout sent UK gilt yields soaring.   Two-year gilt yields, which gauges short term interest rate expectations, have jumped over 4.5 per cent, pushing up borrowing costs and putting the UK’s economic stability under threat.

By Udeme Akpan, Energy Editor Nigerians may soon pay more for  Premium Motor Spirit (PMS), also known as petrol, as depot prices across major petroleum hubs have climbed sharply to as high as N1,290 per litre, amid a renewed surge in international crude oil prices. The development threatens to worsen the financial burd

SAPPORO (Kyodo) -- Bank of Japan policymaker Hajime Takata on Wednesday stressed the need for an early rate hike, saying the central bank should take

FILE PHOTO: Traffic signs in front of the Bank of Japan building in Tokyo, Japan, June 15, 2026. REUTERS/Kim Kyung-Hoon/File Photo 02 Sep 2026 09:57AM TOKYO, Sept 2 : The Bank of Japan must conduct interest rate hikes nimbly after gauging domestic financial conditions and examining overseas developments, hawkish board

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while analysts expect market downturn to continue Get our breaking news email, free app or daily news podcast The prospect of the steepest property market downturn in history will not stop the Reserve Bank from delivering a