IMF sounds alarm on rising government borrowing costs – business live

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The jump in government borrowing costs this year is causing palpatations at the International Monetary Fund, as policymakers gather in Bangkok for its annual meeting.

In major advanced economies, high debt, spending pressures, and the prospect of large bond issuance in the years ahead are putting upward pressure on the yields investors demand to hold longer-term bonds.

Higher benchmark yields in major economies can also spill across borders, worsening debt dynamics elsewhere.

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Source: Guardian Business

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