Why Treasury yields are at 20-year highs – and why it matters

A sustained sell-off in the bond market sent long-term Treasury yields to their highest levels in nearly 20 years this week, rattling both Wall Street and Washington. Higher yields, essentially the interest rate the government pays to borrow money, also mean higher borrowing costs throughout the economy, from mortgages

Explainer: Treasury yields are rising - why does it matter?  Reuters

The European Commission proposed revising the bloc's major climate policy, the Emissions Trading System (ETS), on 17 July. Euronews explains what the ETS is, why it is being revised and why it has become an incredibly polarising topic on the EU agenda.