Dysfunctional Financial Markets Risk Further Inequality and Long-Term Consequences, Lecturer Says 3 Sputnik International https://sputniknews.com/analysis/202103171082360367-dysfunctional-financial-markets-risk-further-inequality-and-long-term-consequences-lecturer-says/ Forecasts provided by ICE Data services show that frenzied sell-offs in the US government's debt markets have spilled into corporate bonds. As a result, company borrowing costs have risen higher while the US economy continues to recover from the COVID pandemic. Looking at the implications created by dysfunctional financial markets, we spoke to Arman Hassaniakalager, a lecturer in finance at the University of Bath. Sputnik: Before we look at specific remedies, can you tell us a bit more about the current state of the global bond market, and the impact that this is having internationally?