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bond markets Articles

No free lunch

The problems faced by the peripheral countries of the eurozone have, for the first time in many years, propelled the oft-cited bond yield figures into the national conscience. George Osborne, the chancellor of the UK, has played a role in this as he is fervently...

The importance of hope

Once again, turmoil has hit financial markets. Once again, hard questions are being asked of political leaders around the world. And once again, we see both the power of market forces and the need for clear political leadership. The leadership has been found wanting,...

Alan Johnson: a dilemma resolved?

The election of Ed Miliband and the decisions he has taken since have certainly upturned the apple cart. If that saves the frontbench from sinking into a bog of entitlement, empire-building and complacency, that will be no bad thing. If the appointment of Alan Johnson as shadow chancellor results in a moderate and constructive critique of government policy that takes the party to where it needs to be by the next election, that too will be something to cheer.

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