Government debt mountains grow – are markets starting to notice?

国债山峦高耸——市场是否开始注意到了?

The Globalist

2026-08-21

1 小时 0 分钟
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The United States and Europe are experiencing rising borrowing costs as markets wise up to unprecedented levels of debt. Plus: Reviewing the start of Brazil’s electoral campaign and how to give your children independence. See omnystudio.com/listener for privacy information.
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  • Craft matters.

  • In small ways, like how a coffee is brewed.

  • And in not-so-small ways, like how your money is cared for.

  • Which is why for 160 years, UBS has elevated banking to a craft.

  • Tailoring unique strategies that combine human expertise with the latest technologies.

  • All happening across 24 time zones and 12 key financial hubs.

  • With you at the heart of it all.

  • UBS.

  • Advice is our craft.

  • You're listening to The Globalist, first broadcast on the 21st of August, 2026 on Monocle Radio.

  • The Globalist in association with UBS.

  • Live from London, this is The Globalist.

  • I'm Fanula Sweeney.

  • And I'm Chris Chermak.

  • Coming up on today's program.

  • Look, the 40 trillion is a big number.

  • And what we're going to do, we're going to have to grow our way out of this.

  • While the U.S.

  • Treasury Secretary isn't the only one having to talk his way out of a massive debt problem,

  • we'll be asking whether markets are starting to notice.