IMF sounds alarm on rising government borrowing costs – business live
Rolling coverage of the latest economic and financial news Global financial system is failing developing countries, says Ed Miliband Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The jump in government borrowing costs this year is causing palpatations at the International Monetary Fund, as policymakers gather in Bangkok for its annual…
The International Monetary Fund (IMF) has expressed concern over rising government borrowing costs worldwide, as policymakers gather in Bangkok for its annual meeting. High debt levels, spending pressures, and the need for substantial bond issuance in the years ahead are driving up yields that investors demand for long-term bonds. This trend, evident in major advanced economies, has prompted fears that the impact of higher benchmark yields could spread across borders, exacerbating debt challenges elsewhere.
At 9 am BST, the International Energy Agency (IEA) released its report on oil market developments. Later, at the same time, Foreign Secretary Ed Miliband addressed the IMF Annual Meeting audience in Bangkok. At 9:15 am BST, the Treasury Select Committee held a hearing on Heathrow expansion plans, an issue likely to have implications for government borrowing costs.
At 1:30 pm US time, the September inflation report was released, providing insights into the economic climate. At 2:15 pm BST, the Treasury Committee held a hearing on the proposed 2026 Budget, a topic that will further influence government finances and borrowing needs.
Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
