← All storiesBusinessDeveloping story

US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – as it happened

Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001 Andy Burnham looks to cut new EV sales targets Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The fiscal pressures on the US government have risen after it paid the highest borrowing costs to sell long-term bonds in a quarter of a century. An auction of 30-year US Treasury bonds last night showed that investors are demanding a heavy premium to take on long-duration US debt, amid concerns over the risk from inflation and the country’s rising national debt. The sale of $25bn of 30-year bonds on Thursday incurred a yield, or interest rate, of 5.216%, the most since 2001. Bond yields rise when prices fall, so last night’s auction suggests investors are worried that inflation will remain high for some time, prompting policymakers to keep interest rates high for some time. That will concern the Treasury Department, as they need to fund a growing deficit due to Donald Trump’s spending plans and tax cuts (plus the refunds on the president’s tariffs). Michal Stanczyk, portfolio manager for the global fixed inco

13
updates in timeline
4
distinct sources
13 days
story span
Aug 27, 2026
latest update

Aug 14, 2026 → Aug 27, 2026

LATEST DEVELOPMENT
Aug 27, 2026·The GuardianT2 · Outlet report
The Guardian view on energy costs: vulnerable households need help with their bills | Editorial

Soaring prices are plunging struggling families into debt. The government must support them in the short term as it invests in a clean energy future Fuelled by the consequences of Donald Trump’s disastrous war on Iran, household energy…

Read original at The Guardian →
ACTIVITY · UPDATES PER MONTH
Aug 26

13 updates from 4 sources over 13 days.

Showing 13 of 13 updates

Timeline (13 updates)

August 2026

13 updates
Aug 27, 2026·The GuardianT2 · Outlet reportLATEST
The Guardian view on energy costs: vulnerable households need help with their bills | Editorial

Soaring prices are plunging struggling families into debt. The government must support them in the short term as it invests in a clean energy future Fuelled by the consequences of Donald Trump’s disastrous war on Iran,…

Read original at The Guardian →
Aug 27, 2026·The GuardianT2 · Outlet report
Unlike needy Keir, trash-talking Andy speaks a language Trump understands | John Crace

Burnham has nothing to hide as he prepares to meet president he once called poisonous. It may actually win him more respect It makes a pleasant change. Not so long ago, Keir Starmer was falling over himself in his…

Read original at The Guardian →
Aug 27, 2026·The GuardianT2 · Outlet reportKEY MOMENT
Does Nigel Farage know what people really think of him? I do – and he won’t like it | Aditya Chakrabortty

An anti-Farage army of voters is there to be galvanised, as exclusive data shows. But getting them out will be tricky Who can stop Nigel Farage? Which voters would actually dig out their ID and schlep down to the…

Read original at The Guardian →
Aug 26, 2026·The GuardianT2 · Outlet report
UK politics: Burnham announces plan for 10,000 work experience placements for young people – as it happened

Prime minister spoke to press while on visit to a Sainsbury’s supermarket in London this morning PA has reported some remarks by the prime minister on his visit to Sainsbury’s this morning, where he is announcing his…

Read original at The Guardian →
Aug 26, 2026·CNNT2 · Outlet report
How the spike in global bond yields creates more risk for the stock market | CNN Business

Never doubt the power of the $30 trillion US Treasury market. It was robust enough to push back on the Treasury Department’s recent intervention while captivating Wall Street. Now investors are wondering whether the…

Read original at CNN →
Aug 23, 2026·The GuardianT2 · Outlet reportKEY MOMENT
The Guardian view on Andy Burnham’s foreign policy: work in progress | Editorial

The prime minister has focused on domestic affairs since coming to office. But at a time of global disruption, he will need to define Britain’s place in the world A run of volatility in domestic British politics in…

Read original at The Guardian →
Aug 21, 2026·BBCT2 · Outlet report
No closure for terror victims, says Burnham, as survivors tell ceremony about life after attacks

This live page is now closed - watch more from the event here Today is the UK's first national day for those impacted by terrorism, for which a ceremony has taken place in London PM Andy Burnham tells survivors and…

Read original at BBC →
Aug 19, 2026·The GuardianT2 · Outlet report
US gross national debt tops $40tn for first time

Milestone marks years of government spending that grew under both Donald Trump and Joe Biden US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled…

Read original at The Guardian →
Aug 19, 2026·CNNT2 · Outlet reportKEY MOMENT
National debt reaches grim $40 trillion milestone. Here’s why that matters | CNN Business

The United States is digging itself into an ever-deeper debt hole. The federal debt hit a record $40 trillion on Tuesday, according to the Treasury Department. It’s an inauspicious milestone that will have consequences…

Read original at CNN →
Aug 17, 2026·BBCT2 · Outlet report
Burnham exchanged messages with person posing as Trump's chief of staff

Prime Minister Andy Burnham exchanged messages with a person posing as the chief of staff to US President Donald Trump. Downing Street has declined to comment on the security breach, first reported by Politico. The news…

Read original at BBC →
Aug 14, 2026·The Next WebT2 · Outlet report
EV prices rose for the first time in 2026, and the discounts are why

This article was published on August 14, 2026 The average EV sold for $56,126 in July, the first increase of 2026, and the reason is a discount that shrank rather than demand that recovered The average US electric…

Read original at The Next Web →
Aug 14, 2026·The GuardianT2 · Outlet reportOPENING
US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – as it happened

Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001 Andy Burnham looks to cut new EV sales targets Good morning, and welcome to our rolling coverage of…

Read original at The Guardian →

Sources & evidence (13)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 13
COVERAGE BY SOURCE
The Guardian 8BBC 2CNN 2The Next Web 1
STRONGEST EVIDENCE
T2 · Outlet reportThe GuardianAug 27, 2026

Soaring prices are plunging struggling families into debt. The government must support them in the short term as it invests in a clean energy future Fuelled by the consequences of Donald Trump’s disastrous war on Iran, household energy…

View source →
T2 · Outlet reportThe GuardianAug 27, 2026

Burnham has nothing to hide as he prepares to meet president he once called poisonous. It may actually win him more respect It makes a pleasant change. Not so long ago, Keir Starmer was falling over himself in his efforts to keep things…

View source →
T2 · Outlet reportThe GuardianAug 27, 2026

View source →
T2 · Outlet reportThe GuardianAug 27, 2026

An anti-Farage army of voters is there to be galvanised, as exclusive data shows. But getting them out will be tricky Who can stop Nigel Farage? Which voters would actually dig out their ID and schlep down to the polling booth to fight…

View source →
T2 · Outlet reportThe GuardianAug 26, 2026

Prime minister spoke to press while on visit to a Sainsbury’s supermarket in London this morning PA has reported some remarks by the prime minister on his visit to Sainsbury’s this morning, where he is announcing his work experience plan.…

View source →
T2 · Outlet reportCNNAug 26, 2026

Never doubt the power of the $30 trillion US Treasury market. It was robust enough to push back on the Treasury Department’s recent intervention while captivating Wall Street. Now investors are wondering whether the bond market’s unease is…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

Related stories

TechnologyT2 · Outlet report

AI to See Massive Adoption 'Unseen' in Previous Tech Cycles, Says Neostellar Principal

American AI companies’ performance lead over China narrowed sharply in past months to a record low after labs such as DeepSeek gained ground, threatening US tech supremacy,…

1 update1 source
Oct 6, 2026
Latest: AI to See Massive Adoption 'Unseen' in Previous Tech Cycles, Says Neostellar Principal · Bloomberg
TechnologyT2 · Outlet report

Mistral’s new 1T model aims to leapfrog closed and open rivals

French AI lab Mistral AI has released Mistral Large 4, a new large multimodal model aiming to leapfrog both American and Chinese rivals.

1 update1 source
Oct 6, 2026
Latest: Mistral’s new 1T model aims to leapfrog closed and open rivals · TechCrunch
PoliticsT2 · Outlet report

UK to make last-ditch effort to stop Israel closing East Jerusalem consulate

Israel has threatened to close the consulate, which handles UK relations with Palestinians in the city, over British sanctions on Israeli settlements.

1 update1 source
Oct 6, 2026
Latest: UK to make last-ditch effort to stop Israel closing East Jerusalem consulate · BBC
GamingT2 · Outlet report

Warner Bros. Games Now Belongs To Skydance, But Company Makes No Mention Of That In Big Announcement

Paramount has officially completed its $111 billion acquisition of Warner Bros. Discovery, but the company's announcement of the deal closing did not contain a single mention of…

3 updates3 sources
Oct 6, 2026
Latest: Controversial $110 billion mega-merger of Paramount and Warner Bros. finally closes · Engadget
PoliticsT2 · Outlet report

Trump to Tout $54 Billion Korean LNG Plan in Battleground Alaska

President Donald Trump is set to unveil South Korea’s plan to invest some $200 billion in the US, including $54 billion for a long-stalled venture to export natural gas from…

5 updates2 sources7 days long
Sep 29, 2026 → Oct 6, 2026
Latest: Football Daily | South Korea’s golden boys and a brouhaha over military service · The Guardian
TechnologyT2 · Outlet report

Experts worry about Nvidia's AI chip sales in China and influence over Trump

China is reportedly mulling letting ByteDance, Alibaba buy banned Nvidia chips.

10 updates4 sources8 days long
Sep 28, 2026 → Oct 6, 2026
Latest: Nvidia Heads for $6 Trillion Value as Chips Rally · Bloomberg