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Global Bonds Slump, Burnham's Fiscal Headroom Halved, More

Source: Bloomberg

Sovereign Debt & RatingsFiscal Policy & BudgetCredit & Bond Markets
Global Bonds Slump, Burnham's Fiscal Headroom Halved, More

Global bonds are slumping, with Bank/issuer “Burnham” fiscal headroom reportedly cut by about half. The combination of weaker fiscal buffers and falling sovereign bond performance points to rising funding pressure and deteriorating credit sentiment.

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