Will bond vigilantes come for America’s next president?
W ith less than a week left before America’s presidential and congressional elections, market participants are abuzz with discussion of what the various results might mean for everything from trade and defence to tax and regulation. But the Treasury market, which ultimately underpins much of global finance, is of particular interest.
The continent’s policymakers are too relaxed about the risks
Voters are starting to notice the good news just in time for the election
Will skinny still be desirable when it is more easily achieved by the masses?
Take a long view, and shares are a lot less risky than many realise
Chinese students provide an answer
Financial fears and geopolitical tremors combine to great effect
https://www.economist.com/finance-and-economics/2024/10/30/will-bond-vigilantes-come-for-americas-next-president