Categories: FinanceNewsUK

Bond-market’s red alert has been triggered

Today, for the first time since the 2008 financial crisis, the bond-market warning light suddenly flashed red.

Bloomberg reports, the bond-market has been a stable green for years-until today. The last time the red alert was triggered, it was followed by the biggest bond sell-off since the financial crisis.

Why does the bond-market alert matter to us outside the financial world?

Well, let’s not forget the financial crisis of 2008 hit the average person the hardest and none of us saw it coming.

While this light is not signalling the start of another financial crisis, it is important to pay attention to warning signs and economic disruptions.

After all, the bond-market is of particular interest as shoddy mortgage bonds were the root cause of the financial crash.

Bond-market fluctuations pose a serious risk to the health of the London Stock Exchange and Canary Wharf banks. Which, in turn, is a risk to us Londoners.

 

Words: Monica Young

Photo: Pixabay

Voice of London

Recent Posts

Escaping the rent trap – Welcome to the UK’s housing crisis

As the cost of living in the UK continues to rise, renters are facing an…

2 years ago

Fashion trends prediction for 2023

According to various fashion editors, critics and publications, 2023 will be a mesh between continuing…

2 years ago

BLACKPINK take over the O2

The biggest girl group in the world shut down the O2 arena in December. The…

2 years ago

Does museum glass cause more harm than good to oil paintings?

With many paintings in danger of damage, are museums protecting the longevity of their valuables?…

2 years ago

Chelsea are undefeated since the World Cup as they face Man City on Thursday

Chelsea F.C. have gotten off to a good start since Christmas and haven't lost a…

2 years ago

Tottenham falls behind in the Champions League race

Tottenham Hotspur lost their first game since Christmas in a 2-0 defeat to Aston Villa…

2 years ago