This time, you can’t blame the eurozone. The latest turbulence in global bond markets, which has suffered a steep sell-off across emerging and advanced economies, was not triggered by tensions in Europe’s monetary union, unlike most episodes in the past few years. But the region could become one of its casualties.
這一次不能指責歐元區。全球債券市場最近出現動蕩，新興經濟體和發達經濟體債券均遭大舉拋售，但與過去幾年大多數場景不同的是，這次動蕩并非由歐元區的緊張局勢引發，歐元區可能成為受害者之一。
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