Governments have taken on too much debt and bond markets are rattled | ABC NEWS
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The interest on the government's 10-year debt has reached a 15-year high. Alan Kohler explains, it's starting to matter quite a lot and there's no foreseeable way out of the mess. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/business Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, debt, bond, debt interest, bond market, alan kohler, finance, alan kohler abc, government debt, interest on government debt, interest on debt, australia debt, australia deficit, bonds, inflation, taxation, reserve bank
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