bond markets

More on sovereign debt. This interactive graphic on the burden of public debt, which we published earlier this week, is fairly scary stuff, particularly the debt to GDP ratio between 2007 and 2016 comparing advanced and emerging countries.

The 2007 snapshot essentially shows two symmetrical worlds; the 2016 version has developed a huge bulge at the top end with seriously indebted advanced countries in bondage to their domestic and international creditors. Read more