'We should fear a financial crisis' - Bond markets sound the alarm | DW News
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'We should fear a financial crisis' - Bond markets sound the alarm | DW News
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Governments around the world have piled up debt in recent years. Now investors are demanding much higher returns to lend them more money. Borrowing costs have surged in the US, France and Japan, raising concerns about everything from government finances to mortgages and business loans. So are bond markets warning of a new financial crisis, or simply forcing governments to live within their means?
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