Are we about to witness a replay of the eurozone debt crisis?
Many eurozone countries are now confronted with the highest borrowing costs in more than a decade, as the era of ultra-low interest rates comes to a brutal end.
Fears are rising that the eurozone could face a fresh debt crisis, as surging bond yields threaten to disrupt the fragile economic equilibrium the region has enjoyed for most of the past decade.
The sell-off in global bond markets in the past few weeks, has left many debt-laden eurozone countries facing the highest borrowing costs in more than a decade.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
