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Investment Insights Q2 2021: Who's afraid of bond vigilantes?

Last Updated: November 25, 2025

In our first article, we explore how benchmark US government bond yields spiked as investors braced themselves for the release of pent-up consumer demand, encouraged by Joe Biden’s $1.9 trillion stimulus package. We take a look at where US bond yields and interest rates may go from here, and what that means for equity investors.

  • Global Economy
  • Economy
  • Markets
  • Investments
  • Investment Insights
  • Investment Insights Hub
  • Investment Insights Report
Articles

Looking for the ‘stag’ in stagflation

Last Updated: November 25, 2025

Global equity and bond markets had a bumpy end to 2021 as investors began to fear the worst of both worlds — stagnating output and persistently rising inflation, that nasty combination called stagflation. While we do think inflation will begin to fall back from the spring, there is considerable uncertainty around its outlook. However, fears of stagnating growth look overdone.

  • Investment Insights
  • Stagflation
  • Inflation