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Invaluable bonds: rising borrowing costs
The Intelligence from The Economist
Rising Borrowing Costs and Government Finances
7min Snip
00:00
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This chapter delves into the implications of rising borrowing costs on government finances, discussing how high debt interest can lead to reduced government spending or increased taxation, along with the possibility of inflation inflating away debts. It explores the reasons behind the increase in bond yields and highlights concerns about highly indebted governments handling higher borrowing costs.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode