UK Bond Market Bloodbath. Borrowing Costs Could Spike to 7% or More in the Blink of an Eye.(maneco64)

A lot of economic channels are warning about looming upheavals in the financial markets. Bond yields are spiking, making borrowing costs higher, but Mario guesses that the central banks may drop interest rates and engage in a new round of QE, which will raise bond prices and lower the yields. Of course this will be bad for fiat currencies - all that money printing. It's kicking the can down the road once again. 

[Posted at the SpookyWeather2 blog, January 10, 2025.]