Skip to main content

Rising sovereign credit risk takes its toll (Jan 09)

Growing concern about the state of public finances has pushed government bond yields higher over the past month. There is still plenty of good news for bondholders, though. Monetary policy is likely to remain ultra loose for a long time, deflation is looming, and central banks are poised to buy up debt.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.