A #bondVigilante is an investor who sells #bonds as a protest against government policies they deem irresponsible, such as excessive borrowing or inflationary policies.
This selling drives up interest rates, pressuring governments to adopt more fiscally responsible measures.
Bond vigilantes essentially act as a check on government financial decisions, leveraging the bond market to influence economic policy and discipline fiscal management.
#BondVigilantes #Economics #FiscalResponsibility