This special episode of The Weekly Briefing from Capital Economics features an exclusive extract from our client briefing on the global bond sell-off, its causes, consequences and where markets go from here.
In this edited extract, Group Chief Economist Neil Shearing and Chief Markets Economist Jonas Goltermann answer questions from clients around the world, including:
- What was Scott Bessent’s Treasury market intervention intended to achieve, and why it has so far fallen short?
- What are the economic forces pushing investors to demand more compensation for holding long-dated government bonds?
- Which economies are most exposed to a fiscal crisis?
- Is the AI credit boom affecting demand for government debt?
- How high could bond yields rise from here?
Related content
Read: How to think about the bond market sell-off
https://www.capitaleconomics.com/publications/global-economics-focus/how-think-about-bond-market-sell
Read: What taxes could Burnham raise to fund his policy ambitions?
https://www.capitaleconomics.com/publications/uk-economics-update/what-taxes-could-burnham-raise-fund-his-policy-ambitions
What is The Weekly Briefing from Capital Economics?
Capital Economics, a world-leading provider of macroeconomic insight, presents The Weekly Briefing – the show with all you need to know about what's happening in the global economy and markets. From the Fed's next decision to China's slowdown to moves in equities, bonds and FX, each week, our team of economists take apart the big economic and market stories and highlight those issues that investors should be paying more attention to.