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Pandemic puts millions of Europeans on path to a debt crisis

Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

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Real rates reversal hitting big trades including gold, Nasdaq

Bloomberg Rising real yields are throwing cold water on the rally their historic plunge stoked. Real interest rates — which strip out the effects of inflation — rose by the most in a month Friday after a stronger-than-forecast July jobs report. The lurch higher from record-low negative levels helped send technology shares and gold lower, while the Bloomberg Dollar Spot ...

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