vigilante

The willingness by the chancellor to take political pain, in the form of breaking tax rate manifesto promises, in order to restrain borrowing in a straightforward way, is a plus for the bond vigilantes.

Instead, they face hunger, homelessness and exploitation by large farm growers and vigilantes.

That toll includes Muslims, Christians, soldiers, civilians and government officials, killed by terrorists, herdsmen, vigilantes, forest-dwelling kidnapping gangs, pirates off the coast, and Nigeria’s own overtaxed military.

Outrage risks paving the way for the return of well-armed vigilante groups that confronted gangs involved in extortion, kidnapping and homicide, analysts say.

Hartnett predicts that if Friday’s CPI release for September is 3% or cooler, then bond vigilantes — investors who sell government bonds because they disapprove of its fiscal policies — will capitulate.