US election 2024 as it happened: Trump returns to presidency in historic victory over Harris

Investors warn of lasting ‘risk premium’ in gilts following UK Budget

Traders play down parallels with 2022 market crisis but say rise in borrowing costs will linger

Treasuries sell-off reverberates through global markets

Volatility returns ahead of US election as government debt is hit by stronger economic data

Rachel Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment

Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by Tories

Strong US economy and ‘Trump trade’ drive dollar rally

US currency hits highest level since August, as investors bet on growing likelihood of election victory for former president

‘Soft landing’ bets push US corporate spreads to lowest in almost 20 years

Fed cuts and robust economy spur ‘tremendous demand’ for US credit

Advent International prepares takeover bid for Tate & Lyle

Offer for ingredients group would mark private equity’s latest attempt to acquire a London-listed company

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

Steel magnate Sanjeev Gupta prosecuted over failure to file accounts

Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House

Treasury market volatility surges as investors rethink interest rate bets

Bond traders brace for inflation data on Thursday after jobs figures smashed expectations

UK borrowing costs climb as chancellor Rachel Reeves walks ‘tightrope’ over spending plans

Gap between yields on gilts and German bonds has reached widest in more than a year ahead of Budget

Florida braced for Hurricane Milton to make landfall

US agencies warn of possible threat to life as second storm in as many weeks barrels towards southern state’s coast