Friday: US bond yields jump to 19-year highs

The European Central Bank hikes rates, but inflation fears over surging oil prices dominate attention, triggering another global bond market selloff. And ANZ Research changes its Fed rate call to three more hikes. In our deep-dive interview, ANZ Economist Vicky Xiao Zhao analyses a recent large capital injection by China’s government into key financial institutions. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/