The Sovereign Constraint: Sentiment, Markets, and the Limits of Foreign Policy
A framework shows how domestic political polarization shifts both portfolio demand in sovereign bond markets and government incentives in crises, creating a sentiment-driven constraint on confrontational foreign policy.
Featured in No. 137 on 30 Oct 2026 · 4 days after release
- Released
- 26 Oct 2026
- First featured
- No. 137 · 30 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- RePEc:ema:worpap:2026-14
- Authors
- Stéphane Auray and Frédéric Loss
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).