PGIM's chief economist Daleep Singh warns that surging long-term bond yields exceeding 5% are unsustainable, predicting financial repression as governments face mounting fiscal deficits without political will to address them, while bond vigilante trading reaches critical levels requiring policy intervention.
#YonhapInfomax #FinancialRepression #BondYields #PGIM #FiscalDeficits #TreasuryRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121091
#YonhapInfomax #FinancialRepression #BondYields #PGIM #FiscalDeficits #TreasuryRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=121091