Leaders | Onwards and upwardsTo see why, look to the bond marketsAfter a STEADY upward climb this year, 30-year bonds in America, France, Japan and Britain are all near their highest since the global financial crisis of 2007-09. That feat is particularly impressive for Britain, where the highs during a fiscal panic in 2022 have been long surpassed. For anyone who was wondering if, when inflation fell after the pandemic, yields would return to the lows of the 2010s, markets appear to have supplie...