Fitch warns rising real rates and bond yields heighten global fiscal risks

Fitch Ratings warns that despite resilience to energy shocks, rising real interest rates and multi-year-high government bond yields are exacerbating fiscal challenges and debt-servicing costs globally. This follows similar warnings from the IMF and World Bank, signaling a coordinated concern among major institutions. The development underscores growing market pressure on sovereign borrowers as borrowing costs climb.