Crazy figures for global public debt

Posted on Apr 19, 2021 at 6:15 amUpdated Apr 19, 2021, 7:09 AM

Some figures make you dizzy. In a study devoted to global public debt, management firm Janus Henderson looks back on the spectacular surge of the past 25 years. With the high point, the year 2020, its drops in activity and its support measures. There is nothing theoretical about this load, as the authors of the study recall, since “One way or another, households are the ultimate lenders to governments.”

The environment for bond investors has been turned upside down. In recent decades, the almost continuous decline in yields had pushed the price of government bonds to new heights. But rates have started to rise, and even if central banks slow the move, it will be fueled by the economic recovery. The management company analyzes the situation of the countries that make up its house bond index, using data from the Economist Intelligence Unit (EIU). A representative sample since these countries represent 88% of world GDP. We have selected 8 figures revealing the new challenges for the global debt market.

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