Why Long-Term Bond Yields Are Up in the US, UK and Japan
Big Take
00:00
Fiscal Credibility and Long-Term Bond Yields
This chapter examines how fiscal credibility affects long-term bond yields in major economies like the US, UK, and Japan, warning against complacency in fiscal policy. It also analyzes the anticipated Fed meeting and the implications of increased defense spending in Europe, particularly in Germany, while reflecting on historical trends in bond performance during September.
Transcript
Play full episode
