Global Macro Research

Will the bond vigilantes return?

Explore rising government debt and the possible return of the bond vigilante. Listen to Macro Bytes for our insights on debt sustainability and markets.

Authors

Paul Diggle

Chief Economist

Luke Bartholomew

Deputy Chief Economist

Duration: 30 mins

Date: 28 Nov 2024

We need to talk about debt. Global government debt is approaching 100% of global GDP. And the incoming Trump administration may be about to increase the large US fiscal deficit still further. Paul Diggle and Luke Bartholomew discuss whether the infamous bond vigilantes will return, pushing up government borrowing costs amid fears of debt sustainability.

Transcript

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