BLOOMBERG Investors in carbon offsets are sounding the alarm as millions of tainted units look set to enter the market. A plan by a Belarusian trade group to sell 2 million Russian carbon credits from a defunct United Nations programme has been slammed by climate experts and trading veterans. The worry now is that such offsets, known as emissions reduction …

BLOOMBERG The market for yen bonds from global firms is hotter than it’s been in years, providing money managers with an oasis as rates volatility soars. Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018. Deals have included Canada’s Toronto-Dominion Bank, Korea Investment & Securities Co and France’s BPCE SA, which priced the …

BLOOMBERG European bonds gained and the euro plunged versus the dollar after a sharp decline in manufacturing and services gauges from the common-currency region fanned concerns about the faltering global economy. Stocks were lackluster at the start of a week packed with major central bank policy decisions and corporate earnings, as investors fretted about the magnitude of further interest rate …