View to a killing: bond yields rise and rise

观杀:债券收益率一路走高

Economist Podcasts

新闻

2025-01-14

23 分钟
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Though central banks have cut interest rates, uncertainty about the future has sent yields sky-high. Our correspondent explains why expectations diverge from the economic data, and the impact on borrowers. Donald Trump’s desire to control Greenland using economic or military force provoked outrage. But could America buy the country (9:01)? And why Singapore’s iconic hawker centres are under threat (17:41).  Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+ For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • Hello and welcome to the Intelligence from the Economist.

  • I'm your host Rosie Blore.

  • Every weekday we provide a fresh perspective on the events shaping your world.

  • Donald Trump raised hackles with his comment that America might try and take control of Greenland using economic or even military force.

  • But our correspondent has a different idea.

  • Could the US buy Greenland?

  • And Singapore is famous for its hawker centres, state run food courts where small stalls sell all manner of cuisines.

  • We chew over why that delicious cheap fare is now under threat.

  • But first.

  • Governments in rich countries generally love to spend and more often than not, they spend a lot more than they take in in taxes.

  • Josh Roberts is our capital markets correspondent.

  • So to make up the difference, they issue bonds.

  • Bonds are IOUs that promise investors a steady stream of interest or a yield on the debt before the government eventually pays it all back.

  • Once things get this extreme, how many more days are rates going to go up?

  • Momentum clearly is stronger dollar higher rates.

  • Right now that's the highest yield at.

  • A 30 year bond auction since August of 2007.

  • Should yields close today, government bond yields are rising fast across pretty much the entire rich world.