r/economy 1d ago

Bond market rout puts global economy on financial crisis 'trajectory'

https://www.abc.net.au/news/2026-09-08/bond-markets-interest-rates-mounting-risk-global-economic-crisis/107123348
Upvotes

36 comments sorted by

u/AreWe-There-Yet 23h ago

Chickens coming home.

Saying this without any glee, since I know we’re all going to get hurt

u/Cashneto 23h ago

Everyone is going to get hurt from this, not just the US.

u/AreWe-There-Yet 23h ago

Yes, I know.

I’m not in the US

u/Rugaru985 14h ago

I am. But I’m in a really, really poor part.

Can I be exempt?

u/Odra_dek 8h ago

no, you'll suffer the most

u/Eastern-Joke-7537 1d ago

Don’t buy bonds

u/Excellent_Rock4296 19h ago

Ya but why though?!

u/Eastern-Joke-7537 19h ago

Bonds could crash. But that might not necessarily be bearish for anyone else.

Bond investors might just move into stocks or real estate.

u/Retired-Yam8988 18h ago

That’s what I was thinking. If you can’t buy bonds, where do you go? Gold? RE? AI bubble getting bubblier?

u/FuraidoChickem 17h ago

Even gold is all time high. Anyway I’m gonna default to holding cash and stuff them up FD before mid term

u/Eastern-Joke-7537 17h ago

I’m not sure. My opinion changes every other day now.

u/SpeakCodeToMe 17h ago

Inflation is inevitable, cash will fuck you just as hard as anything else.

u/FuraidoChickem 17h ago

Nobody ask u to hold it indefinitely

u/Eastern-Joke-7537 17h ago

Hmmm…. We could get whipsawed!

u/Rugaru985 14h ago

Staples? Commodities? Wheat? Rice?

u/Eastern-Joke-7537 2h ago

Rice.

Tastes better than staples.

u/Excellent_Rock4296 19h ago

So here’s what I don’t understand. If bond yields are rising, that means so are investor returns. In the current environment, holding bonds short term may be advantageous: E.g. a conservative place to park your money while you wait for the inevitable market correction/downturn/crash that’s likely coming. That said, if I’m way out in left field on this, please correct me. However, this is how I’ve understood it to work.

u/Retired-Yam8988 18h ago

Yields rising means current bonds drop in value - why would you buy an older bond with a locked in lower rate? You’d just buy the new issue with the higher rate. Older bonds that everyone holds now go down in value since you have to entice people to buy them from you against the higher rate issuances.

u/Rugaru985 14h ago

Yes, but if you can tell me the very last day before that starts going in the other direction, I would appreciate it.

I’m looking for both high yields AND high value. Thanks.

u/royalpyroz 12h ago

What about James Bonds?

u/Late_Bullfrog_4991 8h ago

He doesn't own any but his diamonds are forever

u/Davo300zx 6h ago

Loooooooooooool

u/Davo300zx 6h ago

Jesus fuck

u/HelFJandinn 23h ago

40 trillion in US debt isn't helping the situation

u/Impossible_Walrus555 13h ago

Nor is a war in Iran

u/Liminal_Aspect 23h ago

Golden…. Absolute golden age, I tell ya

u/happymancry 23h ago

Gilded.

u/Liminal_Aspect 23h ago

Just so so Gilded, the absolute Goldest, many people say it - did you hear this? Have you heard what people are saying? Just the most golden of economies, so Big and Powerful, not small, no no, so very Big! The most golden and gilded of big beautiful economies! THANK YOU FOR YOUR ATTENTION IN THIS MATTER!

u/superbad 23h ago

One day these predictions will actually be correct.

u/AreWe-There-Yet 23h ago

I think it’s gettin’ close

u/thehourglasses 18h ago

The hardest part about forecasting is forecasting.

u/_ehwaz 21h ago

All this fear and it’s just going to be a slow grind up with rates and a slow grind down with assets (and tougher economy). Wish I could make money off it but next 5 years will just suck unless AI creates enough new jobs or lowers prices…

u/BayouGal 20h ago

Spoiler - AI isn’t creating jobs.

u/Rugaru985 14h ago

Not true. My grandson has employed dozens of new “AI Models” down in the basement. They telecommute in for what sounds like an earth shattering exercise routine. This house hasn’t rocked like this since Craig bought me those shake weights.