IMF Warns Rising Bond Yields Could Deepen Global Debt Crisis
Finance
Financial Markets
Fiscal Policy
global debt
global economy
government bonds
IMF
inflation
Interest Rates
rising bond yields
sovereign debt
TLDR: G7 average 10-year government bond yields rose over one percentage point between February and September. Global public debt is projected to exceed 100% of GDP by 2030, the IMF warns. US government interest payments could reach 5.7% of GDP in 2031, matching projected Social Security spending. The IMF says reducing deficits and improving debt [...]
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Source: Source: Blockonomi