Central banks warn over surge in global sovereign debt levels

Quick Summary:

UBS surveyed 40 central bank reserve managers overseeing trillions of dollars of assets.

Nearly three-quarters of central banks surveyed by UBS said persistent inflation and a rise in long-term yields were big concerns for the global economy.

It took aim at the tax plans of both presidential candidates ahead of November’s election, and warned of higher financing costs and a growing risk to the smooth rollover of maturing debt.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Nikou Asgari

Category: MarketsFinanceInvesting

Markets: United StatesChinaUkraine

Topics: Year Cent Assets Financial Inflation Managers Global Central Reserve Higher Debt

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 10:00:47 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 686 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21573473

View Article Analysis

About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 3 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions