• 11/27/2024

OECD Government Borrowing Expected to Hit Record This Year

Wall Street Journal

Total borrowing by governments in rich countries is set to hit a record high of $15.8 trillion this year, with the cost of making interest payments rising over coming years as bonds issued before the inflation surge mature.

https://www.wsj.com/articles/oecd-government-borrowing-expected-to-rise-to-record-15-8-trillion-this-year-81f2c93b