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The bond vigilantes are back

Markets are challenging Janet Yellen’s policies by raising bond yields to levels that threaten to create a debt crunch

©The Financial Times Limited 2020 Oct 5, 2023 / 12:46 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
In recent weeks, the bond vigilantes have been challenging Yellen’s policies by raising bond yields to levels that threaten to create a debt crisis
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