The Great Bond Sell-off

Government debt around the world is becoming less attractive, causing bond prices to tumble.

As a result, the yield - the money bondholders can expect to make from their credit notes, has gone up.

Roger Hearing finds out what this will mean for the prospect of future interest rate rises from central banks.

(Picture: A trader looks at screens at the Madrid bourse June 1, 2012. Credit: REUTERS/Andreas Comas)