Global bonds fall $2.6T — its worst since 2008 financial crisis

Sharing is Caring!

The global bond market is in the grip of its worst freefall since the 2008 financial crisis as central banks struggle to bring rampant inflation under control.

Government and corporate debt has fallen 11% since reaching a high in early 2021 — translating into $2.6 trillion worth of losses, according to Bloomberg.

See also  Analyst Warns Of A Fuel Shortage Crisis In The U.S.
Help Support Independent Media, Please Donate or Subscribe:
See also  Cost of living crisis: UK inflation hits 40-year high of 9%

Views: 5

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.