Wednesday, May 6, 2015
Is the bond bubble finally bursting?
BritainÃ¢Â€Â™s headline borrowing costs have hit their highest level of 2015. UK 10-year gilt yields are now at 2%. Yields on 10-year German bunds have risen for a seventh day. Is the bond boil about to be lanced - or will they fire up the printing presses once again?