Bond Vigilantes Don't Buy into Reeves' Sleight of Hand. Gilt Yields Spike to 12-Month Highs.(maneco64)

The debt levels in Western countries are through the roof. Higher bond yields indicate that these debt levels require attention. The bond vigilantes can bring the present situation to a head. But in a massively rigged system, will any of the normal financial machinations play out as they did in the past?

[Posted at the SpookyWeather2 blog, November 1, 2024.]