Breaking the Bond Market
It鈥檚 been a rough couple of weeks for the stock markets: share prices have been falling across the world, with the United States are close to having their worst month since the financial crash. All of this follows earlier falls in bond prices.
Despite strong growth, particularly in America, the markets have been spooked by signs that the long recovery from the crash could be coming to an end. Which raises the question: how will we deal with the next recession?
Gordon Brewer speaks to Ryan Avent, a journalist at The Economist who recently wrote a special survey of the world economy.
Image 漏 Photo by Bryan R. Smith / AFP
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