<description>&lt;p&gt;Across developed markets, bond markets are staging a slow-motion car wreck. As Opinion columnist and senior markets editor John Authers puts it, the phenomenon is truly global. Authers and Robin J. Brooks, a senior fellow at the Brookings Institution and former chief economist at the Institute of International Finance, join host Stephanie Flanders to explain why investors have turned sharply against government bonds across the world&amp;rsquo;s major developed economies &amp;mdash; and how the fallout could affect us all.&lt;br&gt;&lt;br&gt;Read John Authers's column here:&amp;nbsp;&lt;br&gt;&lt;a href="https://www.bloomberg.com/opinion/newsletters/2026-05-19/the-great-bond-car-wreck-in-slow-motion"&gt;https://www.bloomberg.com/opinion/newsletters/2026-05-19/the-great-bond-car-wreck-in-slow-motion&lt;/a&gt;&lt;br&gt;&lt;br&gt;And find Robin J. Brooks's substack here:&amp;nbsp;&lt;br&gt;https://robinjbrooks.substack.com/p/liz-truss-bond-market-blow-ups&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Trumponomics

Bloomberg

The Great Bond Car Wreck — in Slow Motion

MAY 20, 202628 MIN
Trumponomics

The Great Bond Car Wreck — in Slow Motion

MAY 20, 202628 MIN

Description

Across developed markets, bond markets are staging a slow-motion car wreck. As Opinion columnist and senior markets editor John Authers puts it, the phenomenon is truly global. Authers and Robin J. Brooks, a senior fellow at the Brookings Institution and former chief economist at the Institute of International Finance, join host Stephanie Flanders to explain why investors have turned sharply against government bonds across the world’s major developed economies — and how the fallout could affect us all.Read John Authers's column here: https://www.bloomberg.com/opinion/newsletters/2026-05-19/the-great-bond-car-wreck-in-slow-motionAnd find Robin J. Brooks's substack here: https://robinjbrooks.substack.com/p/liz-truss-bond-market-blow-upsSee omnystudio.com/listener for privacy information.