US Treasury yields soar

US Treasury yields soared on Wednesday, Iran’s President Masoud Pezeshkian said Tehran was prepared to negotiate with the US, and the FT’s Sam Fleming explains why the UK budget is in a tight spot. Plus, billions of dollars of Rosneft’s foreign earnings were funnelled through a Kremlin-backed money-laundering network, and Syria’s search for justice for Assad-era crimes could spark more unrest. Mentioned in this podcast: US Treasury yields soar most since ‘liberation day’ tariffs shook markets Treasury open to smaller fiscal headroom to reduce tax hikes The FT’s Budget dashboard: the data confronting Chancellor John Healey Rosneft billions fed Kremlin-backed money laundering network Syria: a dangerous search for justice Crime and punishment in the Middle East Credit: PBS Want to get in touch? Email us at [email protected] Note: The FT does not use generative AI to voice its podcasts The FT News Briefing is produced by Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Josh Gabert-Doyon. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Kelly Garry. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.