Listen "Yielding Conclusions"
Episode Synopsis
A steep sell-off in global bond markets has dominated the financial headlines over the past week or so, drawing intense scrutiny from investors and policymakers alike. Although weaker-than-expected inflation data from the US and UK have managed to stop the rot for now, anxiety remains high. Investors are certainly on edge about the broader drivers of this rout and its implications. In our charts this week we focus on:
· Global bond yields
· Inflation expectations
· Overseas holdings of US Treasuries
· Japan’s breakeven inflation rate
· Quantitative tightening
· Service sector inflation in the US and UK
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