Global debt soared by a whopping $24 trillion to an all-time record of $281 trillion, or 355 per cent of gross domestic product (GDP) in 2020.
Massive government aid and the decline in state and corporate revenues caused the borrowing … Read the rest
Global debt It is expected to surge to over 342 per cent of GDP or $270 trillion. Much depends on the length of the pandemic and depth of recession
EXTENSIVE global debt is likely to impede economic growth once the … Read the rest
Long-term yields are so low that they have priced in slowing growth,
Bond price volatility and gold prices have risen as bond market
participants expect the US Federal Reserve and other central banks to slash
rates to counter a … Read the rest
GLOBAL investors have swept risk fears aside and have piled into emerging market bonds.
Global rating agency Moody’s estimates that between 2010 and the first quarter of 2019, emerging market (EM) municipalities, other “sub-sovereigns”, corporations, financial institutions, infrastructure and project … Read the rest