Governments promise tax cuts, investment and economic growth. But the investors financing those promises can force leaders to change course, abandon policies and even leave office. As an oil shock drives inflation and borrowing costs higher, Kathleen Brooks, Research Director at XTB, and Carsten Brzeski, Global Head of Macro at ING, explain who really controls the bond market, why America’s vast debt is becoming harder to ignore and what happens when governments lose the confidence of their lenders. #DWbusiness #DWdip
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