A sell-off in government bonds spilled into the equity market as stocks fell on Tuesday, and Eurozone inflation ticked up to 2.1 per cent in August. Plus, European banks are intensifying their calls for regulators to remove obstacles to cross-border banking services in the EU.
Mentioned in this podcast:
European banks push for lower cross-border hurdles
US stocks fall as bond sell-off spills into equities
Eurozone inflation rises to 2.1% in August
Pound falls as UK long-term borrowing costs hit highest level since 1998
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Today’s FT News Briefing was produced by Fiona Symon, Victoria Craig Katya Kumkova and Marc Filippino. Additional help from Kelly Garry, and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.