▶youtube BusinessEconomy first seen 22 h ago, last 34 min ago, peak #6
Bond market tumble raises fears the economy will follow
Original: The bond market is falling over a precipice, the economy will follow
Jacob Rees-Mogg has warned that the bond market is 'falling over a precipice' and that the wider economy will follow it down. The claim taps into growing anxiety among investors and commentators about rising borrowing costs and what a sustained sell-off in government bonds would mean for growth, public finances and household finances.
Why now: Concerns about a bond market sell-off and its economic consequences are currently prominent.
Evidence
- The bond market is falling over a precipice, the economy will follow · Jacob Rees-Mogg · 255.9K
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