Why are you paying more to borrow money?

In recent weeks the US Treasury Secretary has tried to tame the bond markets. The cost of bonds affects how much you pay for borrowing such as mortgages and credit cards. But can Scott Bessent succeed where so many before him have failed?Also the luxury brand LVMH appears to be losing some of its shine. Why has the luxury giant lost its appeal and how much is the second-hand market to blame?Elsewhere the Ebola outbreak in the Democratic Republic of the Congo has killed more than 3,400 people, what does it take to develop a vaccine?PHOTO CREDIT: EPA/Shutterstock