Global debt nears $353T as demand shifts from US treasuries
Global debt climbed to a record of nearly $353 trillion by the end of March, as investors showed early signs of diversifying away from US Treasuries amid shifting fiscal dynamics, according to the Institute of International Finance (IIF). The IIF’s latest Global Debt Monitor highlighted a divergence in investor demand, with a stronger appetite for Japanese and European government bonds contrasting with broadly stable demand for US Treasuries since the start of the year. "These trends partly reflect diverging debt trajectories, which are increasingly influencing investor allocation decisions," said Emre Tiftik, director at the IIF for Global Markets and Policy, in a Reuters report. Diverging debt paths shape investor flows The report pointed to widening differences in fiscal outlooks among...