Thursday, February 25, 2021

Rich Countries Borrowed $18 Trillion in 2020. Few Seem Worried About Them Paying It Off.

Governments in advanced economies borrowed $18 trillion from bond markets—more than ever before—during the first year of the coronavirus pandemic, but their borrowing costs hit record lows.

source https://www.wsj.com/articles/rich-countries-borrowed-18-trillion-in-2020-few-seem-worried-about-paying-it-off-11614251857?mod=pls_whats_news_us_business_f

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