Fitch sees developed-market debt above $75tr
Fitch sees developed-market debt above $75tr
Rising government bond yields are making it much harder for major developed economies to stabilise debt burdens, with countries including France, the US and Britain facing growing fiscal challenges, credit rating agency Fitch said on Tuesday. In a report, Fitch said benchmark 10-year government bond yields in the world's 10 largest developed economies had risen by an average of 81 basis points so far this year. That...