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Governments have sold a record $504 billion in bonds this year, driven by increased public spending and rising budget deficits. Italy leads in sovereign syndications, while demand for bonds remains strong despite uncertain interest rate forecasts. The increase in issuance is largely due to maturing bonds from the pandemic period.
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Governments have sold a record $504 billion in bonds this year, driven by increased public spending and rising budget deficits. Italy leads in sovereign syndications, while demand for bonds remains strong despite uncertain interest rate forecasts. The increase in issuance is largely due to maturing bonds from the pandemic period.
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