Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends in government bond issuance which continues to increase rapidly in many advanced economies. With so much debt being issued at a time when activity is holding up and inflationary pressures remain firm, it’s leading to higher interest rates not only for governments ... (full story)