Bond vigilantes on a savage hunt as global yields run wild
TOKYO — The bond vigilantes are back — and now they’re patrolling every major debt market at once. As deficits balloon, spending runs unchecked and oil prices spike, investors are reasserting control over markets that once seemed shielded from shocks and sending yields skyrocketing. The revolt spans the US, Japan, Europe and beyond as a […] The post Bond vigilantes on a savage hunt as global…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
