With G7 public debt at an all-time high, governments must curtail spending to balance books
With G7 public debt at an all-time high, governments must curtail spending to balance books
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Unlike stock markets, bond markets are signalling a more cognisant and mature appreciation of the state of government finances.
"We are no longer in a period where public debt is not a subject," French finance minister Roland Lescure told reporters.
“The main driver of the supply is basically increased public spending, and thus bigger funding needs,”
Rising global bond yields are flashing red signals that there's now a price to be paid for heavy government spending.
IMF's Gita Gopinath warns bond markets are 'in a fragile place' as US 30-year yields surge and debt stress hits France and the…
Global bond yields surge toward multi-decade highs as U.S., U.K., and French debt concerns mount, while gold hits a record $3,537…
