Thursday, September 3, 2026

Global reverberations of Trump War of Whimsy: Sell-off of government bonds jolts borrowers worldwide

 
Graphs and headline:  New York Times, 9/1/2026

Eshe Nelson reports:
A global sell-off in government bonds intensified on Tuesday, pushing borrowing costs in some of the world’s largest economies to the highest levels in decades. The moves threaten to ripple through a wide range of debt, including business loans and mortgages for already stretched consumers. 
A combination of factors is prompting investors to demand higher returns to hold government debt: a flood of borrowing by the world’s richest nations, expanding budget deficits, persistent inflation and few signs that countries are able or willing to take steps to improve these conditions. [snip] 
One of the most pressing and unpredictable drivers of bond market turmoil is the protracted war in Iran.

Related posts:
July 2026
Global reverberations of Trump War of Whimsy:  Putting farmers at risk.  (7/27)

May 2026

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