EconomyIMF warns rising borrowing costs are straining public finances worldwide
Rising sovereign debt and borrowing costs have prompted the IMF to warn of risks to member countries’ fiscal health. Average 10-year government bond yields across the G7 rose by more than 1 percentage point from February to September, while 24-year-high US Treasury yields are expected to feature prominently at this week’s gathering of central bankers and finance ministers in Bangkok.
IMF warns rising borrowing costs are straining public finances worldwide
Economy