Market News
Who are the bond vigilantes and are they back? - REUTERS
LONDON, Jan 14 (Reuters) - High government spending and a growing need among big economies - from the United States to Britain and France - to tap bond markets to fund their outlays have shot up the list of concerns for some policymakers and investors.
This year has started with a selloff across global government bond markets, with Britain in particular caught in the crosshairs.
France's inability to enact belt-tightening measures due to political instability has also hurt its standing in financial markets. And rising U.S. Treasury yields suggests some sceptism among investors that a new U.S. administration will curb a high budget deficit.
