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
Bond yields fall to lowest levels since 2016
Long-term yields are so low that they have priced in slowing growth, inflation
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
Investors pour $3.8 trillion into emerging market bonds
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
Central Banks’ easy money bolster markets & debt soars- BIS
Global markets, albeit jittery, have recovered sharply this year as investors and traders believe that monetary ease will continue.
“The very gradual monetary tightening process is on pause and has become less predictable,” says Claudio Borio, Head of the Bank … Read the rest