EPISODE · Jul 2, 2026 · 1H 1M
Do bond markets control the government?
from Garys Economics · host Gary Stevenson
The UK and other governments owe a huge amount of debt, mostly to the rich, known as bonds. Changes in interest rates on these bonds can cause economic and political crises, as happened with Liz Truss. Gary explains how to understand these bond markets – and whether we can take back control from them.
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