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المشهد العربي
Global debt crisis worsens amid bond yield rise
Fitch has issued warnings regarding the rise in government bond yields and their impact on the ability of major advanced economies such as the U.S., France, and the UK to manage their accumulated debts. Ten-year bond yields have experienced notable increases since the beginning of the year, with forecasts suggesting an addition of approximately four trillion dollars to the total debt of the advanced markets, which currently exceeds 75 trillion dollars. Estimates indicate that bond yields are about 161 basis points higher than the average interest rates on existing debts, making it more difficult for governments to reduce debt levels.
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