The Intelligence from The Economist The Intelligence from The Economist

Valley of the shadow of debt: bond-market jitters

Oct 8, 2026 · 21m

Summary

Jason Palmer and Rosie Bloor discuss three major topics: a global surge in government bond yields driven by AI investment, persistent inflation, and fiscal concerns, particularly in France; a California startup’s plan to launch orbital mirrors to extend solar power generation into the night; and a critical review of the new film *The Social Reckoning*, which examines Facebook’s internal failures and its impact on society.

Topics discussed

Introduction and bond yield overview Global bond yield surge and context AI investment boom driving yields Inflation and Iran war impact on rates Fiscal concerns in US and Japan France's debt crisis and political risk Outlook for debt sustainability Sponsor segment: Deel global payroll History of orbital mirror concepts Reflect Orbital's mission and use cases Satellite technology and light intensity Comparison with battery storage Environmental and astronomical concerns The Social Reckoning film introduction Plot summary and whistleblower story Facebook's current public perception Legal settlements and content moderation debate Trend of tech-themed media productions Conclusion and final thoughts
Listen ad-free on Castria