As Global Debt Worries Mount - Is Another Crisis Brewing?

17th October 2023

A worrying position of the debt that hangs over developed economies by Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez At Reuters.

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.

A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances.

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