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The Bank of Canada's rate hike Wednesday is set to translate to higher borrowing costs for homebuyers, adding further pressure as the real estate sector also copes with rising prices for construction materials.
World Bank President Ajay Banga came on CNBC's "Squawk Box" on Oct. 27, 2026.
<p>France’s bond market hit by another bout of selling as country recovers from weekend protests</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/oct/22/barclays-profits-jump-looming-bank-tax-french-bond-yields-hit-fresh-24-year-high-latest-live-updates">Business live – latest updates</a></p></li></ul><p>French borrowing costs continued
<p>Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/oct/21/uk-inflation-jump-rising-motor-fuels-cost-jackdaw-gas-field-latest-news-updates"><strong>Business live – latest updates</strong></a></p></li></ul><p>France’s borrowing
Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
The government cut borrowing in the first six months of its fiscal year—but at a slower pace than planned—underlining the challenges posed by rising prices and interest payments.
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