Will bond vigilantes come for America’s next president?
Treasury yields are rising ominously
With just days left before America’s presidential and congressional elections, market participants are abuzz with discussion of what the various results might mean for everything from trade and defence to tax and regulation. But the Treasury market, which ultimately underpins much of global finance, is of particular interest.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Reincarnation time”
Finance & economics November 2nd 2024
- America’s glorious economy should help Kamala Harris
- American men are getting back to work
- Donald Trump would leave Asia with only bad options
- Why China needs to fill its empty homes
- Ireland’s government has an unusual problem: too much money
- Sin taxes are suffering from a shortage of sinners
- Will bond vigilantes come for America’s next president?
- Greenland faces one of history’s great resource rushes—and curses
More from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful