Gita Gopinath on Why Interest Rates Have Surged All Around the World | Odd Lots

There's been a massive selloff in the bond market and rates are rising globally. Japan, Korea, the UK. You name it. Gita Gopinath - Harvard economics professor and the former first deputy managing director of the IMF - has long warned that bond markets are "in a fragile place." She sees a combo of graphics, high levels of public debt, and the intense capital needs of the AI boom creating inflationary pressure all around the world.