Posted 10/10/2023, 8:12:00 AM
IMF: Recent US Bond Selloff Likely Due to Increased Supply, Not Concerns Over Rates or Risks
- IMF chief economist says recent US bond sell-off may just reflect more supply, not concerns about rates or risks
- IMF encouraging US to ease fiscal spending as economy is doing well post-pandemic
- IMF says markets having to absorb a lot of US debt, less appetite due to large quantities
- IMF carefully watching global bond markets after US Treasury selloff
- IMF sees global tightening of financial conditions as a risk facing world economy
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