What Gulf economies need to watch out for as potential bond crisis looms

The National ·
United Arab Emirates

Much has been heard recently about the risk of a bond market crisis, with US government bond yields this month reaching their highest levels since 2002, with some warning of 6 per cent US Treasury benchmarks. Yields in several advanced economies globally have also hit multi-decade highs on the back on inflation fears amid soaring energy costs. However, a crisis related to investors losing…

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