IMF warns short-term debt could raise government borrowing costs
Governments in advanced economies, the US in particular, should be careful about relying too heavily on short-term debt, because it passes higher borrowing costs through to them faster when inflation surges, the International Monetary Fund (IMF) said
October 14, 2026 (MLN): Governments in advanced economies, the US in particular, should be careful about relying too heavily on short-term debt, because it passes higher borrowing costs through to them faster when inflation surges, the International Monetary Fund (IMF) said on Wednesday, according to the Wall Street Journal. Yields on longer-term borrowing have climbed in recent years. The IMF attributed this partly...