When bond prices fall, interest rates soar, with painful consequences for all borrowers.


The Ascent of Money: A Financial History of the World (ed. Penguin UK, 2016) - ISBN: 9780141900315

Niall Ferguson Quotes

When bond prices fall, interest rates soar, with painful consequences for all borrowers.

When bond prices fall, interest rates soar, with painful consequences for all borrowers.

When bond prices fall, interest rates soar, with painful consequences for all borrowers.

When bond prices fall, interest rates soar, with painful consequences for all borrowers.