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The 4% yield on UK bonds lures investors who never buy gilts

BLOOMBERG Before this year, Dan Boardman-Weston hadn’t bought UK government bonds in more than a decade. Now yields close to 4% are putting short-dated gilts on his radar. New investors like Boardman-Weston, who runs BRI Wealth Management, are a boon for Chancellor Jeremy Hunt. He’s expected to focus the UK government’s bond sales on closer maturities when he unveils the ...

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Finance-savvy Rome mayor has $13.8b to revamp Eternal City

BLOOMBERG Rome’s mayor is betting an unprecedented investment surge will help the Eternal City present a more modern face to the world. Roberto Gualtieri, a former finance minister, has secured €13 billion ($13.8 billion) in national and European funding over four years to spruce up the Italian capital, after it lost ground to Milan and other European centers in terms ...

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Germany becoming a roadblock for more EU business

BLOOMBERG The unpredictable behavior of Germany’s ruling coalition is becoming a disruptive influence in Europe and raising hackles across the continent. A last-ditch move this month to block a European Union push to phase out combustion-engine vehicles was only the latest example. On issues ranging from financial aid for Ukraine to reform of state-aid and budget rules, Germany’s EU partners ...

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