A $1trn burden looms for world borrowers refinancing debt
Rolling over debt is proving increasingly tricky for weaker borrowers as creditors betting on recession become more cautious.
Source: moneyweb.co.za
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Rolling over debt is proving increasingly tricky for weaker borrowers as creditors betting on recession become more cautious.
Concerns are also growing that liquidity is draining out of the world financial system as interest-rate swaps fluctuate wildly.