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View to a killing: bond yields rise and rise

Though central banks have cut interest rates, uncertainty about the future has sent yields sky-high (https://www.economist.com/finance-and-economics/2025/01/12/why-global-bond-markets-are-convulsing?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners). Our correspondent explains why expectations diverge from the economic data, and the impact on borrowers. Donald Trump’s desire to control Greenland (https://www.economist.com/finance-and-economics/2025/01/08/an-american-purchase-of-greenland-could-be-the-deal-of-the-century?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) using economic or military force provoked outrage. But could America buy the country (9:01)? And why Singapore’s iconic hawker centres (https://www.economist.com/asia/2024/12/19/singapores-government-is-determined-to-keep-hawker-centres-alive?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) are under threat (17:41).

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