IMF Warns Rising Sovereign Debt and Borrowing Costs Threaten Fiscal Health - IndexBox
IMF Warns Rising Sovereign Debt and Borrowing Costs Threaten Fiscal Health - IndexBox
Source: IndexBox
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DW NOTE
The IMF issues warnings about sovereign debt every quarter. The question is when markets stop treating sovereign bonds as risk-free. The 10-year Treasury now yields 5.24%, up 27% year-over-year, while the US deficit runs $1.8 trillion with rates still rising. At some point, "fiscal health" becomes a euphemism for insolvency.