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Bond vigilantes return to target the pound
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They’re back.
The bond vigilantes, a phrase coined in the 1980s to describe the herd of investors that punish authorities who make decisions they deem imprudent, seem to resurface every couple of years. For policy makers, they enforce the market’s discipline.
Vigilantes are out in force after the UK government announced the biggest round of...
Read more on fnlondon.comAbout this in other media
Mohamed El-Erian warns UK to walk back budget or ‘unleash bond vigilantes’ fnlondon.com /2 years ago
Bank of England expands bond buying to avoid ‘fire sale’ theguardian.com /2 years ago
Rise in UK borrowers falling behind on mortgage payments, says Santander theguardian.com /2 years ago
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