Last year, the IMF warned that ‘international experience suggests that China’s credit trajectory is dangerous, with increasing risks of a disruptive adjustment.’ Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Bond vigilantes beware: bets against China and Italy are a fool’s errand

If debt markets come under severe strain, vigilantes may ramp up their bearish bets against countries they perceive as vulnerable to tighter financial conditions

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Last year, the IMF warned that ‘international experience suggests that China’s credit trajectory is dangerous, with increasing risks of a disruptive adjustment.’ Photo: Reuters
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