Global Sovereign Debt Roundtable – 7th Co-Chairs Progress Report - International Monetary Fund | IMF
Global Sovereign Debt Roundtable – 7th Co-Chairs Progress Report - International Monetary Fund | IMF
Source: International Monetary Fund | IMF
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DW NOTE
The IMF's seventh progress report on sovereign debt restructuring arrives as the Strait of Hormuz remains effectively closed, 10-year Treasury yields hit 5.24%, and the US deficit runs 4% ahead of last year at $1.8 trillion. The gap between the pace of debt accumulation and the machinery designed to resolve it has never been wider.