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5 explanations, newest first.
Its business still works. Its finances didn't. Here's how Chapter 11 keeps the photo company running, and how its plan would wipe out every shareholder and sell Getty Images to the family and investor that already owned most of it.
France has a vast borrowing programme, and the institutions financing it are demanding more in return. To understand the pressure on one of Europe's largest economies, follow the money—from the investors buying its bonds to what happens when yesterday's cheap borrowing comes due.
Family capital, sovereign investors and lenders are helping assemble one of the largest media acquisitions ever attempted. They are not all buying the same thing—or taking the same risk.
The Fed directly targets an overnight rate. The 30-year Treasury yield is a market-clearing price for decades of expected policy and risk—and it moves until enough capital is willing to hold it.
A Treasury buyback can make older bonds easier to trade. It is not QE, it is not a rate peg, and what it ultimately does to the government’s debt profile depends on what Treasury issues elsewhere.