Bond Market’s Power Grows as Borrowing Costs Rise
Financial Times Alphaville editor and author of A Fabulous Debt Robin Wigglesworth tells Bloomberg This Weekend that rising bond yields reflect resilient growth and higher inflation expectations, but could increasingly constrain US spending as debt-service costs climb. Speaking with host David Gura, Wigglesworth explains why bonds underpin the global financial system and why today’s higher rates…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
