{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/39fc4a99-8861-437d-81e2-684d13e48f92/6aac1188964bc34409412234?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The great global bond sell-off","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62e286a934d4d92155874248/1789661589411-58a3b547-77f4-4703-9b58-7deb9088c066.jpeg?height=200","description":"<p>The global bond <a href=\"https://www.economist.com/finance-and-economics/2026/09/11/surging-bond-yields-presage-pain-and-not-just-for-bond-investors?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">sell-off</a> is deepening. This week, the yield on ten-year American Treasuries surpassed 5%, its highest level in two decades. Meanwhile British gilts, German bunds and Japanese government bonds are all soaring to multi-year highs. Investors are under pressure from persistent inflation, government <a href=\"https://www.economist.com/leaders/2026/09/17/markets-are-waking-up-to-the-rich-worlds-reckless-borrowing?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">debt</a> and the AI borrowing binge. We ask whether high long-term yields are here to stay.</p><p><br></p><p>Guests and hosts:</p><ul><li>Mark Dowding, Chief Investment Officer for BlueBay fixed income</li><li>Mike Bird, co-host of “Money Talks”</li><li>Alice Fulwood, co-host of “Money Talks”</li></ul><p><br></p><p>Topics covered:</p><ul><li>Bond markets</li><li>Scott Bessent</li><li>AI infrastructure buildout</li></ul><p><br></p><p><em>Transcripts of our podcasts are available via</em><a href=\"http://economist.com/podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em> economist.com/podcasts</em></a><em>.</em></p><p><br></p><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href=\"https://www.economist.com/subscribe\" rel=\"noopener noreferrer\" target=\"_blank\"><em>subscribe to The Economist</em></a><em>.</em></p><p><br></p><p><br></p>","author_name":"The Economist"}