ABC News
Bond market rout puts global economy on financial crisis 'trajectory'
If inflation remains stubbornly high in Australia, we can expect interest rates to rise and asset prices to go down. But it's that exact scenario that risks putting the global economy on the trajectory of another financial crisis.
If inflation remains stubbornly high in Australia, we can expect interest rates to rise and asset prices to go down. But it's that exact scenario that risks putting the global economy on the trajectory of another financial crisis.
Originally published by ABC News. Read the full story at the source →
