The Zhitong Finance App learned that a bond sell-off storm that has swept through the US, Japan, Germany, the UK and Australia is pushing global long-term borrowing costs to levels not seen since the financial crisis. As bond investors demand higher returns from the government, they expect economic growth to be stronger, corporate borrowing and investment to increase, and the central bank to raise interest rates further.

The Zhitong Finance App learned that a bond sell-off storm that has swept through the US, Japan, Germany, the UK and Australia is pushing global long-term borrowing costs to levels not seen since the financial crisis. As bond investors demand higher returns from the government, they expect economic growth to be stronger, corporate borrowing and investment to increase, and the central bank to raise interest rates further.