Fitch Warns Rising Bond Yields Worsen Debt Outlooks
Fitch says rising bond yields are making it harder for developed economies to stabilise debt burdens. Countries like France, the US and Britain face growing fiscal challenges.
Benchmark 10-year government bond yields across the ten largest developed economies rose by an average of 81 basis points during the year, fueling a $4 trillion increase in debt burdens. The climb pushes total developed-market government debt above $75 trillion, according to a Fitch Ratings report published on Tuesday afternoon.
