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What the sell off in bonds means for monetary policy

Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.

Politics

Zelenskyy furious as Trump announces deal to buy Russian diesel

Donald Trump was on a fresh collision course with the Ukrainian president, Volodymyr Zelenskyy, and European allies after a stunning agreement to buy Russian diesel, upending years of US and western pressure on the Krem…