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Bond market jitters, UK Budget preview, Trudeau’s immigration U-turn and more
Perhaps the most frequently asked question of the Capital Economics team is around fiscal risks and their implications for financial markets. There were more incoming this past week as Donald Trump looked to be doing better in the polls and more details about the UK Budget trickled out, all against a backdrop of rising bond yields.
Group Chief Economist Neil Shearing discusses what’s behind the rise in yields and how bond investors perceive government commitments to getting a grip on public debt in the latest episode of The Weekly Briefing from Capital Economics.
There’s more on the UK Budget…
The skinny
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