Source: International Business Times
In its latest Global Financial Stability Report, the IMF cautioned that sovereign debt markets are becoming increasingly vulnerable to financial shocks as governments and technology giants compete for investors' money. Andrew Harnik/Getty Images The International Monetary Fund (IMF) is warning that a dangerous combination of soaring government debt, persistent inflation and an unprecedented borrowing boom by artificial intelligence companies could trigger a sudden surge in bond yields, potentially destabilizing financial markets worldwide. In its latest Global Financial Stability Report, released Tuesday during the IMF-World Bank annual meetings in Bangkok, Thailand, the fund cautioned that sovereign debt markets are becoming increasingly vulnerable to financial shocks as governments and technology giants compete for investors' money.
