Alice Gledhill

French bonds capped a volatile week with a rally, erasing their underperformance versus German peers, as money markets priced in faster interest rate cuts from the European Central Bank.

The Federal Reserve is likely to signal a slower future pace of easing when it meets later this week and then skip cutting interest rates in January, according to Goldman Sachs Group Inc. economists.

Money markets unwound bets on UK interest rate cuts sharply after UK wage growth accelerated more than forecast in the three months through October.

(Bloomberg) -- UK government borrowing costs rose toward the highest level in decades relative to Germany's, spurred on by the latest evidence of inflationary pressures dogging the economy.

(Bloomberg) -- The great run in European government bonds is coming to an end, according to a portfolio manager at J.P. Morgan Asset Management, who is now betting Australia will be the next market to outperform.

Traders are sticking with bets that the Bank of England will reduce interest rates gradually next year, after data Wednesday highlighted underlying inflationary pressures in the economy.

Alice Gledhill 2 min read (Bloomberg) -- Traders pared bets on interest-rate cuts by the Bank of England next year after another batch of data reaffirmed inflationary pressures in the economy.

(Bloomberg) -- France's debt agency kept its issuance plans for 2025 unchanged from an initial target as it awaits a new budget following the ouster of the government earlier this month.

Giorgia Meloni keeps managing a feat that her predecessors as Italian prime minister long struggled with: earning ever greater trust from investors.

Alessandra Migliaccio and Alice Gledhill 4 min read (Bloomberg) -- Giorgia Meloni keeps managing a feat that her predecessors as