JBWere’s Phil Borkin explains why global bond yields are surging, what it means for borrowing costs and how it could impact New Zealand businesses.

<p>JBWere&rsquo;s Phil Borkin explains why global bond yields are surging, what it means for borrowing costs and how it could impact New Zealand businesses.</p>

With more than more than 25 years' experience reporting on consumer affairs, business and politics, Garth Bray brings you today's business news, direct from the Herald NOW studio. 

<p>With more than more than 25 years' experience reporting on consumer affairs, business and politics, Garth Bray brings you today's business news, direct from the Herald NOW studio.&nbsp;</p>