Markets slide as inflation fears trigger global bond sell-off – business live
Rolling coverage of the latest economic and financial newsUK long-term borrowing costs could halve chancellor’s budget headroomThe Guardian view on the global bond shock: Andy Burnham should take noteThere’s no sign that the bond market sell-off is stopping, warns Chris Beauchamp, chief market analyst at IG:“The market rout stepped up a year yesterday and shows no sign of stopping.Governments around the world are feeling the pressure from bond markets, but the situation is particularly acute for the UK, where Andy…
Source: www.theguardian.com