Bloomberg A Bank of England (BOE) interest-rate increase would hurt a fifth of existing mortgage holders, heaping misery on households already struggling with higher food and fuel costs. More than 21% of outstanding residential mortgages in the UK have variable interest rates, meaning the cost of repayments changes when the benchmark lending rate changes, according to data through June from …

Bloomberg Persistent inflation could trigger more spells when bonds and equities move in tandem, according to JPMorgan Chase & Co analysts, posing a headache for investors who use fixed-income securities to shelter some of their portfolios from stock-market drops. The bond-market selloff in September coincided with the S&P 500 shedding 4.8%, a lockstep move that battered multi-asset investors. A basket …

Bloomberg Peru tightened monetary policy for a third straight month after inflation surged to its highest rate in 12 years and political volatility roiled the currency. The central bank lifted its benchmark rate half a percentage point, to 1.5%, matching the median forecast of economists surveyed by Bloomberg. It was the third consecutive rate hike by the bank led by …