Financial Times (March 7)
2022/ 03/ 09 by jd in Global News
“Bond markets are flashing a warning signal about the growth prospects for the global economy, just as central bankers prepare to tackle soaring inflation with higher interest rates. The gap between long-term and short-term government borrowing rates in big developed economies has narrowed drastically since mid-October.” This flattening of the yield curve might prove “an ominous sign for the durability of the rebound from the Covid-19 pandemic.”
Tags: Pandemic
