IMF Warns Rising Bond Yields Could Deepen Global Debt Crisis

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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