How Debt, Inflation and Politics Are Driving Up Borrowing Costs

Bloomberg Markets 11 hours ago 57

A prolonged period of elevated long-term bond yields is ramping up borrowing costs around the world. That’s because investors are demanding extra compensation for holding government debt in the face of entrenched budget deficits, sticky inflation and burgeoning questions around central bank independence.

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How Debt, Inflation and Politics Are Driving Up Borrowing Costs

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