View to a killing: bond yields rise and rise

<p>Though central banks have cut interest rates, uncertainty about the future has <a href="https://www.economist.com/finance-and-economics/2025/01/12/why-global-bond-markets-are-convulsing?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">sent yields sky-high</a>. Our correspondent explains why expectations diverge from the economic data, and the impact on borrowers. Donald Trump’s <a href="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&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">desire to control Greenland</a> using economic or military force provoked outrage. But could America buy the country (9:01)? And why Singapore’s <a href="https://www.economist.com/asia/2024/12/19/singapores-government-is-determined-to-keep-hawker-centres-alive?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">iconic hawker centres</a> are under threat (17:41).&nbsp;</p><br /><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>Subscribe to Economist Podcasts+</em></a></p><br /><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account. </em></p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>