Government finances face pressure from rising rates, slowing growth
With rampant inflation, public borrowing rose to 98% of economic output in September
Yields on 10-year government bonds up, BoE ends emergency intervention
BoE to buy long-dated British government bonds
A Russian default could have a ripple effect by adding pressure on global debt markets
Shift to crypto could boost financial inclusion, but may weaken monetary policy efficacy
Costa Rica declares emergency over ongoing cyberattack
Debt issuance declines in most categories, while deal activity slowed sharply from 2021’s record pace, Refinitiv reports
The country has about $40 billion in foreign currency debt
$16.5 billion in federal spending April through November is on public debt charge alone