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funds</a></div><div class="o-teaser__heading"><a href="/content/fb7034dd-005e-451e-bc5a-c64b618686e8" data-trackable="heading-link" class="js-teaser-heading-link">BlackRock launches active short-term money market ETF</a></div><p class="o-teaser__standfirst"><a href="/content/fb7034dd-005e-451e-bc5a-c64b618686e8" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Manager claims to be first to offer strategy in a money market fund-regulated actively managed ETF in Europe</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="fb7034dd-005e-451e-bc5a-c64b618686e8" data-myft-ui="saved" action="/myft/save/fb7034dd-005e-451e-bc5a-c64b618686e8" data-js-action="/__myft/api/core/saved/content/fb7034dd-005e-451e-bc5a-c64b618686e8?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" 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aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-12-02T16:53:43.589Z">Monday, 2 December, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="9d49184a-1165-4414-b1e9-7d07d7bce994" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="9d49184a-1165-4414-b1e9-7d07d7bce994"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/77d4a2ef-2239-49b2-ae66-6d0c49598a59" aria-label="Category: Jérôme Legras">Jérôme Legras</a></div><div class="o-teaser__heading"><a href="/content/9d49184a-1165-4414-b1e9-7d07d7bce994" data-trackable="heading-link" class="js-teaser-heading-link">Le Shutdown: a budget rejection would hit France’s credibility with investors</a></div><p class="o-teaser__standfirst"><a href="/content/9d49184a-1165-4414-b1e9-7d07d7bce994" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Markets hate uncertainty and the stakes in the current constitutional turmoil could not be higher </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="9d49184a-1165-4414-b1e9-7d07d7bce994" data-myft-ui="saved" action="/myft/save/9d49184a-1165-4414-b1e9-7d07d7bce994" data-js-action="/__myft/api/core/saved/content/9d49184a-1165-4414-b1e9-7d07d7bce994?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa9b7fd42-ef74-45b7-8cbd-1b289f1d3aa7.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Michel Barnier is seen arriving at the Elysee Palace for a weekly cabinet meeting"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-12-02T08:02:23.286Z">Monday, 2 December, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/chinese-economy" aria-label="Category: Chinese economy">Chinese economy</a></div><div class="o-teaser__heading"><a href="/content/8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c" data-trackable="heading-link" class="js-teaser-heading-link">China’s benchmark bond yields dip below 2% in 22-year low</a></div><p class="o-teaser__standfirst"><a href="/content/8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Smaller lenders pile into 10-year debt as they seek secure assets</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c" data-myft-ui="saved" action="/myft/save/8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c" data-js-action="/__myft/api/core/saved/content/8a352ffb-a1d3-4759-8fd0-9489c2ac2c4c?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement 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class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F95cc75b6-8fdf-475a-a23d-b88bc8518884.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The People's Bank of China building in Beijing, with a Chinese flag flying above it"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-12-01T12:00:53.852Z">Sunday, 1 December, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="aa748e9d-3fc9-481a-897b-6107a4d353aa" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="aa748e9d-3fc9-481a-897b-6107a4d353aa"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/global-economy" aria-label="Category: Global Economy">Global Economy</a></div><div class="o-teaser__heading"><a href="/content/aa748e9d-3fc9-481a-897b-6107a4d353aa" data-trackable="heading-link" class="js-teaser-heading-link">Will the US jobs market rebound?</a></div><p class="o-teaser__standfirst"><a href="/content/aa748e9d-3fc9-481a-897b-6107a4d353aa" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Market Questions is the FT’s guide to the week ahead</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="aa748e9d-3fc9-481a-897b-6107a4d353aa" data-myft-ui="saved" action="/myft/save/aa748e9d-3fc9-481a-897b-6107a4d353aa" data-js-action="/__myft/api/core/saved/content/aa748e9d-3fc9-481a-897b-6107a4d353aa?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" 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class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd0321d14-bfd8-45cb-96a3-c30253d41835.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Hiring signage displayed at a job fair hosted in North Carolina"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-29T13:00:42.095Z">Friday, 29 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="45d7c547-f686-4162-bfc3-56d609003bbb" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="45d7c547-f686-4162-bfc3-56d609003bbb"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/craig-coben" aria-label="Category: Craig Coben">Craig Coben</a></div><div class="o-teaser__heading"><a href="/content/45d7c547-f686-4162-bfc3-56d609003bbb" data-trackable="heading-link" class="js-teaser-heading-link">The epic spectacle that is the bitcoin juggernaut MicroStrategy </a></div><p class="o-teaser__standfirst"><a href="/content/45d7c547-f686-4162-bfc3-56d609003bbb" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Despite massive fundraising plans, the stock is up 450% this year, valuing the company at about $90bn</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="45d7c547-f686-4162-bfc3-56d609003bbb" data-myft-ui="saved" action="/myft/save/45d7c547-f686-4162-bfc3-56d609003bbb" 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He is wearing a microphone"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-teaser o-teaser--native-ad o-teaser--small o-teaser--stream-card" data-o-ads-name="PartnerContent--horizontal" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-29T08:24:30.632Z">Friday, 29 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d299727e-41a1-480b-a44d-780b290bc3c0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d299727e-41a1-480b-a44d-780b290bc3c0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/sovereign-bonds" aria-label="Category: Sovereign bonds">Sovereign bonds</a></div><div class="o-teaser__heading"><a href="/content/d299727e-41a1-480b-a44d-780b290bc3c0" data-trackable="heading-link" class="js-teaser-heading-link">Chinese bond market grapples with ‘Japanification’</a></div><p class="o-teaser__standfirst"><a href="/content/d299727e-41a1-480b-a44d-780b290bc3c0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Deflation fuels ‘inexorable’ slide in China’s long-term sovereign bond yields below Japan’s for the first time</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d299727e-41a1-480b-a44d-780b290bc3c0" data-myft-ui="saved" action="/myft/save/d299727e-41a1-480b-a44d-780b290bc3c0" 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</span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/d299727e-41a1-480b-a44d-780b290bc3c0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2173%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F328b616d-335c-4691-9141-272567b4f2cf.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The image features the flags of Japan and China side by side, with a jagged black line chart overlayed across both flags"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-29T05:00:34.609Z">Friday, 29 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="a617ea88-c6bd-4ed6-afae-7a5ae476d7d9" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="a617ea88-c6bd-4ed6-afae-7a5ae476d7d9"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Markets Insight</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/katie-martin" aria-label="Category: Katie Martin">Katie Martin</a></div><div class="o-teaser__heading"><a href="/content/a617ea88-c6bd-4ed6-afae-7a5ae476d7d9" data-trackable="heading-link" class="js-teaser-heading-link">France should heed the ‘grumpy mum’ warnings on debt</a></div><p class="o-teaser__standfirst"><a href="/content/a617ea88-c6bd-4ed6-afae-7a5ae476d7d9" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The convergence of French yields with Greece’s is a reality check </a></p><div 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class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/french-economy" aria-label="Category: French economy">French economy</a></div><div class="o-teaser__heading"><a href="/content/b7d0280e-1f1f-479f-8f11-372ebf33abbe" data-trackable="heading-link" class="js-teaser-heading-link">French bond yields surpass Greece’s for first time as budget worries swirl </a></div><p class="o-teaser__standfirst"><a href="/content/b7d0280e-1f1f-479f-8f11-372ebf33abbe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Investors fear dispute over planned tax rises and spending cuts could topple Michel Barnier’s government</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b7d0280e-1f1f-479f-8f11-372ebf33abbe" data-myft-ui="saved" action="/myft/save/b7d0280e-1f1f-479f-8f11-372ebf33abbe" 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data-id="0ee6c8d0-975c-4009-89a1-331f66a37de8" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0ee6c8d0-975c-4009-89a1-331f66a37de8"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/europe-express" aria-label="Category: Europe Express">Europe Express</a></div><div class="o-teaser__heading"><a href="/content/0ee6c8d0-975c-4009-89a1-331f66a37de8" data-trackable="heading-link" class="js-teaser-heading-link">Why von der Leyen’s deregulation drive has Brussels confused</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/0ee6c8d0-975c-4009-89a1-331f66a37de8" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in this newsletter: Ireland goes to the polls</a></p><div 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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-28T02:00:18.503Z">Thursday, 28 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="27bc8863-97e5-434d-a1fd-98734c1a2d84" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="27bc8863-97e5-434d-a1fd-98734c1a2d84"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/chinese-business-finance" aria-label="Category: Chinese business & finance">Chinese business & finance</a></div><div class="o-teaser__heading"><a href="/content/27bc8863-97e5-434d-a1fd-98734c1a2d84" data-trackable="heading-link" class="js-teaser-heading-link">Chinese companies rush to tap convertible bond market</a></div><p class="o-teaser__standfirst"><a href="/content/27bc8863-97e5-434d-a1fd-98734c1a2d84" data-trackable="standfirst-link" tabindex="-1" 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href="/content/dc34dffe-c92f-4743-8991-f0ec173d083b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Conservatives also target Vanguard and State Street in war on ‘woke capitalism’</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="dc34dffe-c92f-4743-8991-f0ec173d083b" data-myft-ui="saved" action="/myft/save/dc34dffe-c92f-4743-8991-f0ec173d083b" data-js-action="/__myft/api/core/saved/content/dc34dffe-c92f-4743-8991-f0ec173d083b?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Republican US states sue BlackRock for ‘destructive’ green agenda to 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alt="A coal-fired power plant in West Virginia, US"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-27T15:43:11.878Z">Wednesday, 27 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d056bfb5-81ce-40c2-ac2c-757ccccdb8fe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d056bfb5-81ce-40c2-ac2c-757ccccdb8fe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/france" aria-label="Category: France">France</a></div><div class="o-teaser__heading"><a href="/content/d056bfb5-81ce-40c2-ac2c-757ccccdb8fe" data-trackable="heading-link" class="js-teaser-heading-link">French markets hit by threat of government collapse</a></div><p class="o-teaser__standfirst"><a href="/content/d056bfb5-81ce-40c2-ac2c-757ccccdb8fe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Paris’s cost of borrowing relative to Germany reaches highest level since Eurozone crisis in 2012</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d056bfb5-81ce-40c2-ac2c-757ccccdb8fe" data-myft-ui="saved" action="/myft/save/d056bfb5-81ce-40c2-ac2c-757ccccdb8fe" data-js-action="/__myft/api/core/saved/content/d056bfb5-81ce-40c2-ac2c-757ccccdb8fe?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save 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class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-27T12:00:38.593Z">Wednesday, 27 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="ec111b47-faf7-48dc-a16e-f1247dfe65ba" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="ec111b47-faf7-48dc-a16e-f1247dfe65ba"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/moral-money" aria-label="Category: Moral Money">Moral Money</a></div><div class="o-teaser__heading"><a href="/content/ec111b47-faf7-48dc-a16e-f1247dfe65ba" data-trackable="heading-link" class="js-teaser-heading-link">Microsoft bets on artificial intelligence to power a nuclear resurgence — and more AI </a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/ec111b47-faf7-48dc-a16e-f1247dfe65ba" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Plus, Walmart becomes the biggest company to drop DEI commitments </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="ec111b47-faf7-48dc-a16e-f1247dfe65ba" data-myft-ui="saved" action="/myft/save/ec111b47-faf7-48dc-a16e-f1247dfe65ba" data-js-action="/__myft/api/core/saved/content/ec111b47-faf7-48dc-a16e-f1247dfe65ba?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F63253caa-da32-4349-9d13-7d2488140b90.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The Three Mile Island nuclear plant with its cooling towers, viewed from across the river in Etters, Pennsylvania"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-26T11:43:18.777Z">Tuesday, 26 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="a07ca25e-56c8-45a3-9b51-4cd11c675633" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="a07ca25e-56c8-45a3-9b51-4cd11c675633"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/dd9a1b55-e171-3d0a-a9f8-4c6e471b1e80" aria-label="Category: Sri Lanka">Sri Lanka</a></div><div class="o-teaser__heading"><a href="/content/a07ca25e-56c8-45a3-9b51-4cd11c675633" data-trackable="heading-link" class="js-teaser-heading-link">Sri Lanka launches debt swap deal to end sovereign default</a></div><p class="o-teaser__standfirst"><a href="/content/a07ca25e-56c8-45a3-9b51-4cd11c675633" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Agreement with bondholders expected to bring two-year restructuring saga to a close</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="a07ca25e-56c8-45a3-9b51-4cd11c675633" data-myft-ui="saved" action="/myft/save/a07ca25e-56c8-45a3-9b51-4cd11c675633" data-js-action="/__myft/api/core/saved/content/a07ca25e-56c8-45a3-9b51-4cd11c675633?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" 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data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2691%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F78cf876e-0ba7-4432-ba6a-b810ea057070.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="People play street cricket in Colombo, Sri Lanka"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-25T21:56:19.441Z">Monday, 25 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="296efc2c-3843-41c3-b23e-bcb40faa0f41" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="296efc2c-3843-41c3-b23e-bcb40faa0f41"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-dollar" aria-label="Category: US dollar">US dollar</a></div><div class="o-teaser__heading"><a href="/content/296efc2c-3843-41c3-b23e-bcb40faa0f41" data-trackable="heading-link" class="js-teaser-heading-link">Dollar falls after Trump names Bessent to Treasury role</a></div><p class="o-teaser__standfirst"><a href="/content/296efc2c-3843-41c3-b23e-bcb40faa0f41" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US bond yields drop as hedge fund manager nominated for top economic position</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="296efc2c-3843-41c3-b23e-bcb40faa0f41" data-myft-ui="saved" action="/myft/save/296efc2c-3843-41c3-b23e-bcb40faa0f41" 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</span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/296efc2c-3843-41c3-b23e-bcb40faa0f41" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2724%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F612ae461-dce3-4438-8a10-a9f2dbc62483.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Scott Bessent speaks at a Republican party campaign event in August. He is seen gesturing while standing at a podium, with a US flag in the background."/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-25T10:00:00.891Z">Monday, 25 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="9487fa71-93d0-4861-b49d-42b154d8974c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="9487fa71-93d0-4861-b49d-42b154d8974c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/2519f1ee-e8b7-4f4b-976a-d2f4cf7b7dac" aria-label="Category: Blackstone Group LP">Blackstone Group LP</a></div><div class="o-teaser__heading"><a href="/content/9487fa71-93d0-4861-b49d-42b154d8974c" data-trackable="heading-link" class="js-teaser-heading-link">Blackstone strikes $3.5bn financing deal with energy group EQT</a></div><p class="o-teaser__standfirst"><a href="/content/9487fa71-93d0-4861-b49d-42b154d8974c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Joint venture for pipeline stakes is latest example of companies using private capital firms for balance sheet relief</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="9487fa71-93d0-4861-b49d-42b154d8974c" data-myft-ui="saved" action="/myft/save/9487fa71-93d0-4861-b49d-42b154d8974c" data-js-action="/__myft/api/core/saved/content/9487fa71-93d0-4861-b49d-42b154d8974c?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff6b6eced-bbc0-4b2a-b50f-101067b0a854.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Signage for Blackstone is prominently displayed outside its headquarters in New York City."/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-24T11:00:03.252Z">Sunday, 24 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="631f4b95-ad8b-4e9a-bedc-9d697c5dd00f"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/leveraged-loans" aria-label="Category: Leveraged loans">Leveraged loans</a></div><div class="o-teaser__heading"><a href="/content/631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-trackable="heading-link" class="js-teaser-heading-link">Buyout shops use Trump rally to cut borrowing costs and fund dividends</a></div><p class="o-teaser__standfirst"><a href="/content/631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Debt deals by Blackstone, Elliott and Vista Equity Partners point to a sea change in the market</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-myft-ui="saved" action="/myft/save/631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-js-action="/__myft/api/core/saved/content/631f4b95-ad8b-4e9a-bedc-9d697c5dd00f?method=put" 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js-teaser-image-container"><a href="/content/631f4b95-ad8b-4e9a-bedc-9d697c5dd00f" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1b7f7cac-b71c-41cd-96a1-05005da3b637.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Blackstone logo outside its headquarters in New York City, US"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-23T13:00:00.849Z">Saturday, 23 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/sovereign-debt" aria-label="Category: Sovereign debt">Sovereign debt</a></div><div class="o-teaser__heading"><a href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="heading-link" class="js-teaser-heading-link">German bond investors bet on an end to Berlin’s ‘debt brake’ </a></div><p class="o-teaser__standfirst"><a href="/content/cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">A key indicator has fallen below zero for the first time as market braces for higher German borrowing</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="cbc6cbb8-a91c-48b5-922e-ca5246956b2b" data-myft-ui="saved" 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2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="84110adc-5087-4921-ad08-49baba331fbe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="84110adc-5087-4921-ad08-49baba331fbe"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/global-economy" aria-label="Category: Global Economy">Global Economy</a></div><div class="o-teaser__heading"><a href="/content/84110adc-5087-4921-ad08-49baba331fbe" data-trackable="heading-link" class="js-teaser-heading-link">Strong dollar set to hit emerging market bonds, warn investors</a></div><p class="o-teaser__standfirst"><a href="/content/84110adc-5087-4921-ad08-49baba331fbe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">EM debt funds suffer outflows as hopes of rate cuts by developing nations fade</a></p><div class="o-teaser__action"><span> <form 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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-22T21:38:13.262Z">Friday, 22 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="bc6e6165-34e9-4aed-ad96-7bb51cb76fee" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="bc6e6165-34e9-4aed-ad96-7bb51cb76fee"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/fbc41f4b-1fac-4eb7-9ba3-88d1df72014b" aria-label="Category: Thames Water">Thames Water</a></div><div class="o-teaser__heading"><a href="/content/bc6e6165-34e9-4aed-ad96-7bb51cb76fee" data-trackable="heading-link" class="js-teaser-heading-link">Thames Water faced with £100mn bill from creditors’ advisers</a></div><p class="o-teaser__standfirst"><a href="/content/bc6e6165-34e9-4aed-ad96-7bb51cb76fee" data-trackable="standfirst-link" tabindex="-1" 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