Global debt hits record of near $353tr

LONDON (Reuters) -- Investors are showing signs of diversifying away from US Treasuries as global debt levels hit a record of nearly $353 trillion by end-March, a report by the Institute of International Finance published Wednesday ‌found. IIF's quarterly Global Debt Monitor said that strengthening international demand for Japanese and European government bonds contrasted with broadly stable demand for US Treasuries since the start of the year. "This highlights that there are some efforts by int

By The Korea Herald