Writing the summary…
UK house price growth halves amid rising mortgage interest rates
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
CNBC
10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
Treasury yields were higher on Thursday amid a global sell-off in government debt.
The Guardian2 outlets
UK 30-year borrowing costs hit 6%, highest since 1998, as government bond sell-off intensifies – business live
Global bond rout kicks off again, with US 10-year Treasury yields hitting highest since 2002 Worryingly for Paris, the difference between French and German borrowing costs has widened to a 14-year high this morning. The gap between French and German government bond yields – a market gauge of the risk premium investors demand to hold French debt - was at 127.51 bps, after reaching 128.80 bps, its highest level since June 2012, Reuters reports . Inflation, deficit and issuance concerns continue to weigh on the bond market. There is also a buyers strike on the street as investors do not want to step in till we get some form of stability. Hedge Funds have suffered in the latest round of sell-off and do not have the risk appetite to fade the move. Real money, potentially has the risk appetite, but won’t step in till we get some stability. Continue reading...
CNBC
The U.S. just made it much easier for retail investors to access private markets
The Securities and Exchange Commission has approved new plans to open private markets up to retail investors.
CNBC
Russia launches massive strikes on Ukraine’s energy grid, forcing power cuts ahead of winter
Seven people were killed in the attack and emergency power cuts were imposed in Kyiv and three other regions.
BBC Business
Energy bills are rising by £60 a year - here's what you can do about it
Household energy bills have risen again but there are ways to keep a lid on your expenditure.
BBC Business2 outlets
Employers should teach primary-age children about work, says Milburn
The author of a major report into youth activity in the UK says children as young as four should be learning about careers.