Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"the AI competition in bond markets was the biggest new factor."
— Mohamed El-Erian , Academic
"the recent action has been caused by uncertainty about US policy."
— Jim O'Neill , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Jim O'Neill was acting CDC director and deputy secretary of the federal Department of Health and Human Services.
Mohamed El-Erian is an advisor and former president of Queens’ College, University of Cambridge.
Leader of the Labour Party and Member of Parliament for Holborn and St Pancras.
All Coverage
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
Similar Stories
Related coverage based on topic and tags
Why are world bond markets selling off again? - Reuters
Why are world bond markets selling off again? Reuters
October 1, 2026 at 11:42 AMFaisal Islam: The two big calls the chancellor has to make ahead of the Budget
He must consider the longevity of Iran war economic pressures and how to sustain modest optimism, writes the BBC's Faisal Islam.
September 26, 2026 at 11:00 PM'G force' driving world markets may need Fed and bond brake - reuters.com
'G force' driving world markets may need Fed and bond brake reuters.com
September 29, 2026 at 06:00 AMGlobal M&A deal rush fades in third quarter as rising borrowing costs bite - Reuters
Global M&A deal rush fades in third quarter as rising borrowing costs bite Reuters
October 1, 2026 at 11:21 PMAI boom could trigger market shocks, Bank of England boss warns
Andrew Bailey says the central bank is watching the waves of cash being invested in artificial intelligence "very carefully".
October 1, 2026 at 04:03 AMBattered bond market braces for a new era of interest rates - Reuters
Battered bond market braces for a new era of interest rates Reuters
September 29, 2026 at 04:47 AM