MarketsChanticleerChanticleerAustralian yields have hit 15-year highs as part of a worldwide rise in borrowing costs that will be very hard for the market, and politicians, to solve.Donald Trump seems intent on blowing up the Republican Party’s chances in the midterm elections on November 3. But he might also blow up the global bond market.In the past five days, the US president’s own goals have been so baffling as to be comical.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Equity marketsFetching latest articles
This is a generational global bond meltdown. There’s no easy way out
Australian yields have hit 15-year highs as part of a worldwide rise in borrowing costs that will be very hard for the market, and politicians, to solve.
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