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Sunday, 15 November 2026

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UK & World

The Swap Market Says Treasury and AI Debt Is Not a Problem

I’m spending a lot of time thinking about high interest rates, both for obvious reasons and because I’m reconsidering some of my own long-held views. So I thought I’d have a long talk with someone who has really studied…

Softer-Than-Feared US Inflation Despite Robust Spending

U.S. inflation rose less than expected in August, while consumer spending remained strong in Washington. The softer price data reduced urgency for another October Federal Reserve rate hike, though one by year-end remain…

Higher Yields Flipped the Math in the Investors’ Favor

During the COVID-19 pandemic-era boom, it almost seemed reckless not to invest in real estate. Low mortgage rates and sustained demand for rentals and fix-and-flip properties delivered tidy returns for investors on a fa…