The Zhitong Finance App learned that the global bond market is driving up financing costs on its own and undertaking some austerity tasks for major central banks. This may reduce the number of benchmark interest rate increases required by central banks to suppress inflation.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.