We expect government bond yields to rise further during the coming months than they have done in the past couple of days. But rather than causing growth to slow, higher bond yields will be a sign that global economic prospects have improved and fears of deflation have faded.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services