IMF Warns Global Public Debt to Exceed 100% of GDP by 2029

The IMF warns that global public debt is on track to exceed 100% of world GDP by 2029 absent stronger fiscal measures, citing record debt levels and urging governments to reduce budget deficits. The warning signals potential long-term pressure on sovereign yields and fiscal sustainability, though near-term market impact is limited as it reflects a gradual trend rather than an immediate shock.