Central banks can brush aside rising long bond yields
Their credibility is strong, the spillovers are small and financial conditions are improving
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The bond doom-mongers have got at least one thing right
Pressure on government borrowing costs is building
The bond market maths does not add up for governments
Higher yields look probable, forcing countries to pay more to fund their ever-growing deficits
Bank of Japan vows ‘nimble response’ after surge in long-term bond rates
Central bank announces plans to slow pace at which it cuts monthly government bond purchases
Inflation worries become growth worries
A longer war makes long bonds interesting
European bank shares hit highest levels since 2008
A surge in long-term interest rates and economic optimism has lifted the region’s lenders
The lines between monetary and fiscal policy have blurred
In an era of high debt, it may be difficult for central banks to act without considering the knock-on effects for government