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Why rise in government debt is freaking out bond market

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Why rise in government debt is freaking out bond market
Why rise in government debt is freaking out bond market
Melbourne, Mortgage holders know interest rates have risen over the past year, as the Reserve Bank of Australia lifted the cash rate to fight inflation. But mortgage holders are not alone: governments and business borrowers are facing the same pressure.Why rise in government debt is freaking out bond marketAustralia's
The Conversation
The Conversation🏁 first to report14 hrs ago
Why the rise in government debt is freaking out the bond market
Angela Weiss/ AFP via Getty Images) Mortgage holders know interest rates have risen over the past year, as the Reserve Bank of Australia (RBA) lifted the cash rate to fight inflation. But mortgage holders are not alone: governments and business borrowers are facing the same pressure. Australia’s government now has to