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The bond market sell-off frenzy
Description
Major sell-offs are rippling across global bond markets as fears of rising inflation mount.
So why is the global bond market behaving this way? And what does this mean for the Australian economy?
Plus, fresh data from the Grattan Institute suggests that Australia is wasting billions of dollars on unused parking spots. What’s going on with capital city car parks?
Daniel Ziffer and Lin Lin break it all down on ABC Business Daily.
Listen to today's episode of Fuelcast here.
Check out David Taylor's piece on the RBA's inflation concerns and Kenji Sato's piece on the Grattan Institute's car park data.
Got a burning business question?
Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au