Biggest economies face US$7.7t bond tab as bull run fades
London
GOVERNMENTS of the world's leading economies have about US$7.7 trillion of debt maturing in 2017, with most facing higher borrowing costs as a three-decade bull market for bonds shows signs of running out of steam.
The amount of sovereign bills, notes and bonds coming due for the Group of Seven nations plus Brazil, Russia, India and China will climb more than 8 per cent from approximately US$7 trillion in 2016, according to data compiled by Bloomberg.
The first substantial increase since Bloomberg started collating the data in 2012 is led by China, where US$588 billion of expected redemptions r…
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