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The question for bond markets is not why yields rose so much in the past week, but why this didn’t happen sooner, writes Capital Account columnist @greg_ip
Pessimistic
-40.0
−100 Bearish
0
+100 Bullish
A mix of debt, inflation and populism has changed the interest rate landscape since 2020.
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Sentiment Signal
Pessimistic
-40.0
−100Neutral+100
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