World’s biggest economies must pay $7.6 trillion in maturing debt this year

Governments of leading economies globally have more than $7.6 trillion (R61.3 trillion) of debt maturing this year, with most facing a rise in borrowing costs. Led by Japan’s $3 trillion and the US’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil, Russia, India and China is up from $7.4 trillion at this time last year, according to Bloomberg data. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show. Source