By Jeff Sutherland and Tom Hancock
WASHINGTON—The Senate voted along party lines to raise the U.S. borrowing limit into December, after Democrats struck a short-term agreement with Republican leaders that averted a looming default for now but sets up another showdown within months.
bloomberg.com
Surging energy costs have spread fear among investors in recent weeks that inflation isn’t going away. One place where the strains are being felt most acutely is the U.K., where bond markets have exhibited some wild moves.