In politically unstable times, the whims and worries of the global bond market are having a huge impact on what action governments around the world can take. So who are these people trading in government debt? And how did they get the power to leave so many governments so shaken and stirred?

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory

Guest: Mehreen Khan, Economics Editor, The Times.

Host: Luke Jones.

Producer: Shabnam Grewal.

Read more: 

• IMF warns soaring debt levels threaten financial stability
• Why bond markets rule the world (and give Rachel Reeves a lifeline)
• UK to have highest inflation rate of major economies, IMF says

Clips: Bloombergtv, Eurodollar University, Stone X, Bloomberg Podcasts, Al Jazeera English, CNBC International Live.

Photo: Getty Images.

Get in touch: [email protected]

Hosted on Acast. See acast.com/privacy for more information.