Investors dump Treasuries after Fed meeting, Germany balks at Aukus, Turkish lira free fall

Read a transcript of this episode on

German voters head to the poll this weekend and the FT’s Berlin correspondent, Erika Solomon, previewsthis momentous election. Turkey’s central bank unexpectedly cut its benchmark interest rate on Thursday despite accelerating inflation that had already turned borrowing costs negative in real terms. A German foreign policy advisor lashed out at the US about the new Aukus security pact. And US Treasury prices dropped and yields rose on Thursday as traders reacted to the prospect of higher interest rates. 

Government bond yields rise as investors look to rate rises - with Kate Duguid

Turkey cuts interest rate to send lira tumbling as inflation soars - Ayla Jean Yackley

Aukus security pact is ‘insult to a Nato partner’, says Merkel adviser

Germany’s election: a new era of uncertain coalition politics - with Erika Solomon

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.

See for privacy and opt-out information.

Transcripts are not currently available for all podcasts, view our accessibility guide.

Get alerts on FT News Briefing when a new story is published

Copyright The Financial Times Limited 2021. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Comments have not been enabled for this article.